Hardik Desai Family Trust has increased its shareholding in Trident Lifeline Limited to 7.15% following an open market acquisition of 9,000 shares. The transaction, executed on May 29, 2026, was disclosed to the stock exchange in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The trust, part of the promoter group, now holds a total of 8,53,166 equity shares carrying voting rights.

The acquisition details indicate that the trust's holding prior to the transaction stood at 8,44,166 shares, representing 7.07% of the total share capital. Following the purchase of 9,000 shares, the stake rose to 7.15% of the total voting capital. The total diluted share capital of the target company was reported as Rs. 12,49,34,000, comprising 1,24,93,400 equity shares of Rs. 10 each.

Acquisition Details

The disclosure outlines the specific changes in the shareholding pattern of Hardik Desai Family Trust. The mode of acquisition was the open market, and the shares were acquired on May 29, 2026. The equity share capital of Trident Lifeline Limited remained unchanged at Rs. 11,93,30,000 before and after the transaction, consisting of 1,19,33,000 equity shares of Rs. 10 each.

The disclosure was submitted by Hardik Jigishkumar Desai, the trustee of the Hardik Desai Family Trust and the Ultimate Beneficial Owner (UBO). The confirmation of the filing was recorded on June 1, 2026, in Surat. The shares of Trident Lifeline Limited are listed on BSE Limited with the scrip code 543616.

Trident Lifeline has announced a strong forecast for FY27, citing successful operational strategies and ongoing projects at both the main company and subsidiary levels as the primary drivers behind the optimistic outlook.

Operational Strategies and Project Pipeline

The company has highlighted that its current operational strategies have been performing effectively, contributing to the confidence expressed in its FY27 forecast. Ongoing projects at both the parent entity and its subsidiaries are expected to play a significant role in supporting this projected performance.

Key Highlights

• Strong FY27 forecast announced by the company
• Successful operational strategies identified as a key contributing factor
• Ongoing projects at the main company level supporting the outlook
• Subsidiary-level projects also contributing to the overall forecast

The announcement underscores Trident Lifeline's focus on leveraging its operational framework and project execution capabilities across its corporate structure to achieve its FY27 targets.