Trident Texofab promoter trust acquires 15,000 shares in open market
- Hardik Desai Family Trust acquired 15,000 shares of Trident Texofab
- The stake increased from 6.79% to 6.89% following the purchase
- Transaction was executed in the open market on August 20, 2026
- Trust is classified as part of the promoter group

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Hardik Desai Family Trust has acquired 15,000 equity shares of Trident Texofab in the open market. The transaction, executed on August 20, 2026, represents a 0.10% increase in the trust’s holding relative to the company’s total voting capital.
The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Hardik Desai Family Trust is categorized as part of the promoter group.
Transaction Details
The acquisition was made through open market purchases. Prior to this transaction, the trust held 10,18,691 shares, representing a 6.79% stake in Trident Texofab. Following the purchase of 15,000 additional shares, the total holding stands at 10,33,691 shares, or 6.89% of the equity share capital.
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Held | 10,18,691 | 10,33,691 |
| Stake Percentage | 6.79% | 6.89% |
| Encumbered Shares | Nil | Nil |
The company’s total equity share capital remains unchanged at ₹14,99,57,640, comprising 1,49,95,764 equity shares with a face value of ₹10 each. There were no changes to diluted share capital or voting rights other than those carried by the acquired shares.
Historical Stock Returns for Trident Texofab
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +8.51% | -25.82% | -73.98% | -89.33% | -29.53% |
Does this incremental buyout signal the promoter group's confidence in Trident Texofab's near-term operational turnaround or valuation?
How might this accumulation of shares impact the stock's liquidity and volatility given the relatively small transaction size?
Are there indications that the Hardik Desai Family Trust plans further open market acquisitions to consolidate control ahead of any potential strategic moves?


































