Trident Lifeline Limited scheduled a board meeting for Monday, October 5, 2026, to evaluate proposals for raising funds to accelerate business growth and augment long-term financial resources.

The meeting will be held via video conferencing at the company's registered office in Surat. The agenda includes considering the issue of warrants, equity shares, or convertible securities through permissible modes, subject to necessary approvals.

Agenda for the board meeting

The Board of Directors will transact the following businesses:

1. Consider and evaluate the proposal to raise funds by way of issuing warrants, equity shares, or convertible securities.
2. Appoint requisite intermediaries required for the fundraising purpose.
3. Fix the day, date, time, and place for convening an Extraordinary General Meeting (EGM) of shareholders and approve the notice for the same.
4. Any other business with the permission of the Chair.

Trading window closure details

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in securities of the company remains closed effective September 29, 2026. The window will reopen 48 hours after the conclusion of the board meeting, which is expected to be on October 7, 2026.

This intimation was filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trident Lifeline Limited shareholders unanimously approved all five resolutions at the 13th Annual General Meeting held on September 26, 2026. The meeting adopted FY26 financial statements and ratified managerial remuneration waivers, with no votes cast against any agenda item.

The proceedings, conducted via video conferencing, saw a total of 7,482,890 votes polled across the primary resolutions, representing 62.71% of the company's outstanding shares of 1,19,33,000. Promoter and promoter group members cast 6,687,890 votes, while public non-institutional investors contributed 7,95,000 votes for the adoption of financial statements and director re-appointment.

Resolution-wise voting details

The scrutinizer’s report confirmed that all ordinary and special business items passed with requisite majorities. Notably, for related party transactions and excess remuneration approvals, promoter interests were excluded from voting as per regulatory norms, leaving public non-institutional shareholders to decide these matters with 100% approval rates.

Attendance and governance context

The meeting was chaired by Hardik Desai, Executive Director and Chairman, commencing at 4:00 pm and concluding at 4:17 pm. A total of 17 members attended via video conferencing, comprising seven promoters and ten public shareholders. The company’s Managing Director, Shravan H. Patel, was unable to attend the session.

Board members present included Rupaben Jariwala (Whole Time Director), Ashish Anandsingh Bafna (CFO and Director), and independent directors Dr. Mishal Patel, Falguni Bhavesh Jariwala, Sachin Bhandari, and Smita Kiran Davda. CS Nikita Sharma served as the Company Secretary and Compliance Officer. Statutory auditor CA Meet Jain from A Bafna & Associates and secretarial auditor CS Mehul Amareliya were present via video conference. The statutory and secretarial audit reports contained qualifications noted as self-explanatory, with board replies provided in the annual report.

Voting mechanics and scrutiny

Remote e-voting facilities were provided under Section 108 of the Companies Act and SEBI Listing Regulations, running from September 23, 2026, to September 25, 2026. Shareholders who did not vote remotely could cast their votes electronically for 15 minutes after the meeting's conclusion.

CS Mehul Amareliya, Practicing Company Secretary at Amareliya & Associates, served as the scrutinizer. The consolidated results indicate that for Resolutions 3 and 4, which involved interested parties, only public non-institutional shareholders voted. Their holding of 41,03,400 shares resulted in 5,59,200 votes being polled, all in favour. For Resolution 5, regarding the waiver for Ashish Anandsingh Bafna, his specific interest led to the exclusion of 1,45,200 shares, with the remaining eligible voters approving the waiver unanimously.