News Orders & Deals Hardik Desai Family Trust Increases Stake in Trident Lifeline Limited to 6.99%Hardik Desai Family Trust Increases Stake in Trident Lifeline Limited to 6.99%
Hardik Desai Family Trust disclosed the acquisition of 1,200 additional shares in Trident Lifeline Limited through open market purchase on 20.02.2026. The acquisition increased the promoter group entity's holding from 8,32,766 shares (6.98%) to 8,33,966 shares (6.99%), representing a marginal 0.01% increase. The disclosure was made under SEBI regulations, with the company maintaining its equity share capital at Rs. 11,93,30,000 comprising 1,19,33,000 shares of Rs. 10 each.
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Trident Lifeline Limited has received a disclosure from Hardik Desai Family Trust regarding the acquisition of additional shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The trust, operating through its Ultimate Beneficial Owner Hardik Jigishkumar Desai, belongs to the promoter group category.
Share Acquisition Details
The trust acquired 1,200 shares through open market purchase on 20.02.2026. This transaction represents a minimal increase of 0.01% in both total share capital and diluted share capital terms.
| Transaction Details: | Value |
|---|---|
| Shares Acquired: | 1,200 |
| Acquisition Mode: | Open Market |
| Transaction Date: | 20.02.2026 |
| Percentage Increase: | 0.01% |
Holdings Comparison
The acquisition resulted in a marginal increase in the trust's shareholding position in the company.
| Holding Period: | Number of Shares | % of Total Capital | % of Diluted Capital |
|---|---|---|---|
| Before Acquisition: | 8,32,766 | 6.98% | 6.66% |
| After Acquisition: | 8,33,966 | 6.99% | 6.67% |
| Net Change: | +1,200 | +0.01% | +0.01% |
Company Capital Structure
Trident Lifeline Limited maintains a stable capital structure with no changes reported in the equity share capital following this transaction.
| Capital Component: | Details |
|---|---|
| Equity Share Capital: | Rs. 11,93,30,000 |
| Number of Equity Shares: | 1,19,33,000 |
| Face Value per Share: | Rs. 10 |
| Total Diluted Capital: | Rs. 12,49,34,000 |
| Diluted Shares: | 1,24,93,400 |
The disclosure was filed in compliance with SEBI regulations, with the company's shares listed on BSE Limited. The trust's registered address is located at 01 Seema Row House, Ghod Dod Road, Umra, Surat City, Gujarat.
Historical Stock Returns for Trident Lifeline
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.37% | -8.94% | -11.91% | -13.74% | +10.87% | +134.86% |
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