Trident Lifeline Promoter Rupaben Jariwala Increases Stake Through Open Market Purchase

1 min read     Updated on 03 Feb 2026, 11:30 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Rupaben Chetanbhai Jariwala, promoter of Trident Lifeline Limited, acquired 15,600 additional shares through open market purchase on 02.02.2026, representing 0.13% of total share capital. Her total shareholding adjusted to 7,02,700 shares or 5.89% of the company's voting capital. The disclosure was made in compliance with SEBI regulations for substantial share acquisitions.

31687257

*this image is generated using AI for illustrative purposes only.

Trident lifeline promoter Rupaben Chetanbhai Jariwala has increased her shareholding in the company through an open market purchase. The transaction, completed on 02.02.2026, involved the acquisition of 15,600 additional shares, as disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition represents a modest increase in the promoter's stake in the BSE-listed company. The purchased shares constitute 0.13% of the total share capital and 0.12% of the diluted share capital.

Transaction Parameter: Details
Shares Acquired: 15,600
Acquisition Method: Open Market
Transaction Date: 02.02.2026
Percentage of Total Capital: 0.13%
Percentage of Diluted Capital: 0.12%

Shareholding Pattern Changes

Prior to this acquisition, Rupaben Chetanbhai Jariwala held 7,18,300 shares in Trident Lifeline Limited, representing 6.02% of the total share capital and 5.74% of the diluted share capital. Following the purchase, her total shareholding has been adjusted to 7,02,700 shares.

Shareholding Details: Before Acquisition After Acquisition
Number of Shares: 7,18,300 7,02,700
% of Total Capital: 6.02% 5.89%
% of Diluted Capital: 5.74% 5.62%

Company Capital Structure

Trident Lifeline Limited maintains its equity share capital at Rs. 11,93,30,000, comprising 1,19,33,000 equity shares of Rs. 10 each. The total diluted share capital stands at Rs. 12,49,34,000, representing 1,24,93,400 equity shares of Rs. 10 each, accounting for potential conversion of outstanding convertible securities.

Regulatory Compliance

The disclosure was submitted to BSE Limited in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rupaben Chetanbhai Jariwala, based in Surat, Gujarat, continues to hold her position as a promoter of the company. The transaction maintains transparency in shareholding patterns as required by regulatory frameworks governing listed companies in India.

Historical Stock Returns for Trident Lifeline

1 Day5 Days1 Month6 Months1 Year5 Years
+2.66%-5.79%-13.82%-6.12%+10.79%+143.04%

Trident Lifeline Limited Announces Bonus Share Allotment by Subsidiary Trident Mediquip Limited

1 min read     Updated on 02 Feb 2026, 07:37 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Trident Lifeline Limited has announced that its subsidiary Trident Mediquip Limited completed a bonus share allotment, with Trident Lifeline receiving 9,34,160 new shares while maintaining its 60.04% shareholding percentage. The subsidiary operates in the pharmaceuticals industry with a turnover of 21.29 crore and paid-up share capital of Rs. 9,33,60,000. The transaction was disclosed under SEBI regulations as a related party transaction conducted on an arm's length basis.

31586830

*this image is generated using AI for illustrative purposes only.

Trident Lifeline Limited has announced that its subsidiary Trident Mediquip Limited has completed a bonus share allotment to existing shareholders. The disclosure was made on February 2, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bonus Share Allotment Details

Trident Mediquip Limited (CIN: U33309GJ2019PLC110421) allotted 9,34,160 new bonus shares to Trident Lifeline Limited. Despite receiving these additional shares, Trident Lifeline's percentage shareholding in its subsidiary remains unchanged at 60.04%.

Parameter: Details
Shares Allotted: 9,34,160
Pre-allotment Holding: 60.04%
Post-allotment Holding: 60.04%
Industry: Pharmaceuticals

Subsidiary Company Profile

Trident Mediquip Limited was incorporated on October 19, 2019, under the Companies Act, 2013, with its registered office in Surat, Gujarat. The company operates in the pharmaceuticals and chemical industry with a current turnover of 21.29 crore.

Capital Structure

Capital Type: Amount
Authorized Share Capital: Rs. 10,00,00,000
Paid-up Share Capital: Rs. 9,33,60,000
Number of Equity Shares: 93,36,000
Face Value per Share: Rs. 10

Financial Performance

The subsidiary's turnover performance over the last three financial years shows:

Financial Year: Turnover
2022-23: 28.77 Cr
2023-24: 20.58 Cr
2024-25: 21.29 Cr

Related Party Transaction

The transaction qualifies as a related party transaction since Trident Mediquip Limited is a subsidiary of Trident Lifeline Limited. Key promoters and directors including Mr. Amit Bhupendra Halvawala, Mr. Chetan Chandrakant Jariwala, and Mr. Hardik Jigishkumar Desai have interests in both entities. The company has confirmed that the transaction is being undertaken on an arm's length basis.

Regulatory Compliance

The disclosure was made in accordance with SEBI (LODR) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The announcement was signed by Nikita Sharma, Company Secretary and Compliance Officer (M. No.: A60595).

Historical Stock Returns for Trident Lifeline

1 Day5 Days1 Month6 Months1 Year5 Years
+2.66%-5.79%-13.82%-6.12%+10.79%+143.04%

More News on Trident Lifeline

1 Year Returns:+10.79%