INDIA IPO
  • Home
  • About
    • About us
    • Our CSR
  • Services

    IPO

    • Initial Public Offering (IPO)
    • SME IPO Consultation
    • Mainline IPO Consultation
    • Follow-On Public Offer (FPO)
    • Pre-IPO Funding Consultants

    Capital Raising

    • Social Stock Exchange
    • Private Placement
    • Project Funding
    • REIT
    • SM REIT
    • Rights Issue Advisory
    • InvIT Rights Issue
    • InvIT Public Issue
    • InvIT Private Issue
    • Debt Syndication
    • Securitised Debt Instruments
    • Public Municipal Debt
    • Private Municipal Debt

    Finance Advisory

    • Business Valuation
    • Corporate Finance
    • Financial Modelling
    • Project Finance
  • Investors
  • Merchant Bankers

    SME

    • List of SME Merchant Bankers

    MAINBOARD

    • List of Mainboard Merchant Bankers
  • Resources

    Reports

    • Daily Reporter
    • IPO Calendar
    • Mainline IPO Report
    • SME IPO Report
    • SME IPOs by Sector
    • Mainboard IPOs by Sector

    IPO Knowledge

    • IPO World Magazine
    • IPO Process
    • Pre-IPO Process Guidance
    • IPO Blogs
    • Sector Wise IPO List In India
    • List of IPO Registrar

    Notifications / Circulars

    • BSE SME Eligibility Criteria
    • SEBI ICDR Amendment Regulations March 2025
    • SEBI SME IPO ICDR Amendments report Mar–Nov 2025
    • NSE Emerge Eligibility Criteria
    • ICDR
  • News/Updates
    • Markets & Money Update
    • IPO & Market Snaps
  • Contact Us
  • Check IPO Feasibility
Check IPO Feasibility
INDIA IPO
INDIA IPO

Contact Info:

  • +91-96506-37280
  • +011-47008280
  • info@indiaipo.in
  • 808, 8thFloor D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034.
shape
  1. Home
  2. News
  3. Trident Lifeline Promoter Group Member Reduces Shareholding Through Open Market Transactions
ipo services in India
India IPO
  • 02 Apr 2026
  • X
 Trident Lifeline Promoter Group Member Reduces Shareholding Through Open Market Transactions

Promoter group member Amit Bhupendrabhai Halvawala of Trident Lifeline Limited disclosed the sale of 34,800 equity shares through open market transactions on 27.03.2026 and 30.03.2026. His shareholding decreased from 1,36,300 shares (1.14%) to 1,01,500 shares (0.85%) of the company's total share capital. The transactions were conducted in compliance with SEBI regulations, with the company's equity share capital remaining unchanged at Rs. 11,93,30,000.

Trident Lifeline Promoter Group Member Reduces Shareholding Through Open Market Transactions

Trident Lifeline Limited has received disclosure from promoter group member Amit Bhupendrabhai Halvawala regarding the sale of equity shares through open market transactions. The disclosure was submitted in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Amit Bhupendrabhai Halvawala executed two separate share sale transactions through open market operations. The transactions demonstrate a systematic reduction in his shareholding position in the company.

Transaction Date Shares Sold Transaction Type 27.03.2026 18,000 Open Market 30.03.2026 16,800 Open Market Total Shares Sold 34,800 Open Market

Shareholding Pattern Changes

The share transactions resulted in a notable change in the promoter group member's shareholding pattern. Prior to these transactions, Halvawala held 1,36,300 shares representing 1.14% of the total share capital and 1.09% of the diluted share capital.

Parameter Before Transaction After Transaction Change Number of Shares 1,36,300 1,01,500 -34,800 % of Total Share Capital 1.14% 0.85% -0.29% % of Diluted Share Capital 1.09% 0.82% -0.27%

Company Capital Structure

Trident Lifeline Limited's equity share capital structure remained unchanged following these transactions. The company maintains its established capital base with no alterations to the total number of outstanding shares.

Capital Component Amount Number of Shares Equity Share Capital Rs. 11,93,30,000 1,19,33,000 Face Value per Share Rs. 10 - Total Diluted Share Capital Rs. 12,49,34,000 1,24,93,400

Regulatory Compliance

The disclosure was submitted by Amit Bhupendrabhai Halvawala from his registered address in Surat, Gujarat. As a promoter group member, he is required to disclose substantial changes in shareholding under SEBI regulations. The company's shares are listed on BSE Limited, and all transactions were conducted in compliance with applicable securities regulations.

The disclosure confirms that no encumbrances, voting rights other than through shares, or convertible securities were involved in these transactions. The sales were executed purely through equity shares carrying voting rights in the open market.

Rinkal Mayurbhai Gajera, a promoter of Trident Lifeline Limited, has filed mandatory disclosures under SEBI regulations regarding the sale of equity shares through open market transactions. The disclosures reveal two separate share sale transactions that collectively reduced the promoter's stake in the company.

Share Sale Transactions

The promoter executed two distinct open market transactions within a span of three days. The disclosure documents submitted to BSE Limited detail the specific terms and impact of these transactions on the promoter's overall shareholding pattern.

Transaction Details: First Sale Second Sale Date: March 27, 2026 March 30, 2026 Shares Sold: 60,000 16,200 Mode: Open Market Open Market Percentage Impact: 0.50% 0.14%

Shareholding Pattern Changes

The transactions resulted in a notable reduction in Gajera's shareholding in Trident Lifeline Limited. The promoter's stake decreased from 3.98% to 3.34% of the company's total share capital following the completion of both transactions.

Shareholding Summary: Before Transactions After Transactions Change Number of Shares: 4,75,010 3,98,810 -76,200 Percentage of Total Capital: 3.98% 3.34% -0.64% Percentage of Diluted Capital: 3.80% 3.19% -0.61%

Company Capital Structure

Trident Lifeline Limited's equity share capital remained unchanged throughout these transactions. The company maintains its current capital structure with no impact on the total number of outstanding shares.

Capital Structure: Details Equity Share Capital: Rs. 11,93,30,000 Number of Equity Shares: 1,19,33,000 Face Value per Share: Rs. 10 Diluted Share Capital: Rs. 12,49,34,000 Diluted Number of Shares: 1,24,93,400

Regulatory Compliance

The disclosures were made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Gajera, based in Surat, Gujarat, submitted the required documentation to both BSE Limited and the company to ensure full regulatory compliance. The transactions involved only equity shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in either transaction.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

Recent News

West Asia conflict hits PE-VC funding in Q1 of CY2026
West Asia conflict hits PE-VC funding in Q1 of CY2026
02 Apr 2026
ICICI Bank Allots 753,218 Equity Shares Under Employee Stock Option Scheme-2000
ICICI Bank Allots 753,218 Equity Shares Under Employee Stock...
02 Apr 2026
Markets at Noon: Sensex and Nifty Fall Nearly 2% as Financial Services Lead Decline
Markets at Noon: Sensex and Nifty Fall Nearly 2% as Financia...
02 Apr 2026
Ola Electric shares jump over 20% in two sessions; here's why
Ola Electric shares jump over 20% in two sessions; here's wh...
02 Apr 2026
Powerica's Underwhelming IPO: Energy Giant Slips on Market Debut
Powerica's Underwhelming IPO: Energy Giant Slips on Market D...
02 Apr 2026
Ola Electric shares surge 17% in two days on strong March performance; daily orders exceed 1,000 units
Ola Electric shares surge 17% in two days on strong March pe...
02 Apr 2026
SpaceX files for IPO confidentially, eyes $1.75 trillion valuation: Report
SpaceX files for IPO confidentially, eyes $1.75 trillion val...
02 Apr 2026
Central Bank of India Reports Government Holding of 89.27% as on March 31, 2026
Central Bank of India Reports Government Holding of 89.27% a...
02 Apr 2026
Trump’s ‘Stone Age’ Remark Sends Global Equity Markets In The Red
Trump’s ‘Stone Age’ Remark Sends Global Equity Markets In Th...
02 Apr 2026
Sai Parenteral's Shares Make Strong Debut Amid Market Volatility
Sai Parenteral's Shares Make Strong Debut Amid Market Volati...
02 Apr 2026
pre ipo advisory services in India
  • GST No: 07AAHCB7068H2ZF

India IPO is a leading Indian business services platform that helps firms and companies to launch their initial public offerings (IPOs) in order to raise essential capital for growth and expansion while adding value & fueling the nation’s immense potential and future opportunities.

Follow us:

Facebook Twitter LinkedIn Instagram YouTube

Quick Links

  • Home
  • Blogs
  • Consultant
  • Youtube Videos
  • News
  • Contact Us
  • Career

Contact Information:

  • Corporate Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034
  • Regional Office: Office No. 601, Shagun Insignia, Ulwe, Sector-19, Navi Mumbai- 410206
  • Email: info@indiaipo.in
  • Mobile: +91-74283-37280, +91-96509-82781
  • Disclaimer  |
  • Privacy & Policy  |
  • Terms & Conditions  

Copyright © All rights reserved by - Bmarkt Tecamat Private Limited