ALPHA TRIBE

Trident Lifeline LtdImportant, 18-03-2026: Company Update

18-03-2026 | 06:28 pm

Trident Lifeline Limited has increased its equity stake in its subsidiary, Trident Mediquip Limited (TML). Following TML's private placement of shares to other shareholders, TLL's holding initially stood at 57.10%. TLL then acquired an additional 2.67% from existing shareholders, raising its total stake to 59.77%. TML operates in the pharmaceuticals industry and reported a turnover of 21.29 Cr for FY24-25. This strategic move strengthens Trident Lifeline's control and ownership in its key pharmaceutical subsidiary.

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