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.