ALPHA TRIBE

Trident Lifeline LtdUpdates, 03-07-2025: Company Update

03-07-2025 | 06:39 pm

Trident Lifeline Limited has announced a board meeting on the financial results for the quarter and half-year. Recently, Trident Texofab Limited and promoter Anjanaben Jigishkumar Desai converted warrants into equity shares under a preferential offer, acquiring 36,000 and 30,000 shares respectively. This allotment increased their respective shareholdings, with promoter group holdings now crossing 62%, strengthening promoter control. The total equity share capital increased from 11.49 crore to 12.49 crore shares of ₹10 each after the allotment. This move reflects ongoing promoter commitment and consolidation in the company’s equity base.

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