The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Trident Lifeline Ltd
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Trident Lifeline Ltd, classified as a Promoter Group company, has filed a disclosure under SEBI's takeover regulations for acquiring 3,000 equity shares (0.02% of total share capital) of Trident Texofab Ltd through open market purchase on 28.03.2025. After this acquisition, Trident Lifeline's total holding stands at 35,000 shares, representing 0.25% of the total share capital and 0.22% of the diluted share capital. The equity share capital of Trident Texofab is Rs. 13.56 crore (1.35 crore shares of Rs. 10 each), and this is a minor increase from a pre-acquisition holding of 0.23% to 0.25%.
This is a very small incremental purchase by a promoter group entity, signaling minor confidence but with negligible impact on overall promoter shareholding or stock price. The total promoter group holding remains low at 0.25%, so this disclosure is procedural rather than material for shareholders.