The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rupaben Jariwala
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Rupaben Chetanbhai Jariwala, a promoter of Trident Lifeline Ltd, disclosed two open market share sale transactions on the BSE under SEBI SAST Regulation 29(2). On February 12, 2026, she sold 9,600 shares (0.08% of total share capital), bringing her holding down from 7,02,700 shares (5.89%) to 6,93,100 shares (5.81%). On February 13, 2026, she sold another 3,600 shares (0.03%), further reducing her holding to 6,89,500 shares (5.78%). In total, she sold 13,200 shares (approximately 0.11% of the company's equity share capital) over two days. The company's total equity share capital remains Rs. 11.93 crore (1,19,33,000 shares of Rs. 10 each).
This is a small, incremental reduction in promoter's stake through open market sales, which is a routine exit and not material enough to significantly affect shareholder value or stock price. Retail investors may note the gradual trimming but it does not signal any major change in promoter confidence.