The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hardik Desai Family Trust<BR>
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Hardik Desai Family Trust, part of the promoter group of Trident Lifeline Ltd, has filed a disclosure under Regulation 29(2) of SEBI's SAST Regulations, 2011 for an open market share purchase. The Trust acquired 10,000 equity shares on 28.05.2026. Before the acquisition, the Trust held 8,44,766 shares representing 7.07% of the company's total diluted share/voting capital. After the acquisition, the holding increased to approximately 8,53,766 shares. The acquisition was carried out on the open market and is a relatively small addition to the promoter's existing stake.
This is a minor open-market purchase by the promoter group entity, indicating continued promoter confidence in the company. The acquisition size is small (10,000 shares) and unlikely to materially affect the stock price, but it does reflect ongoing promoter accumulation.