Promoter Rinkal Mayurbhai Gajera of Trident Lifeline Limited sold 76,200 equity shares through two open market transactions on March 27 and March 30, 2026. The sales reduced his shareholding from 4,75,010 shares (3.98%) to 3,98,810 shares (3.34%) of the company's total share capital. The transactions were conducted in compliance with SEBI regulations, with proper disclosures filed to BSE Limited and the company.

Trident Lifeline Promoter Rinkal Gajera Reduces Shareholding Through Open Market Sales

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.

Trident lifeline Limited has received a regulatory disclosure from Hardik Desai Family Trust regarding the acquisition of additional shares in the company. The trust, which belongs to the promoter group, has filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition involved a modest purchase of shares through the open market mechanism. The trust acquired 1,200 shares on 27.03.2026, representing a minimal increase in its overall shareholding percentage.

Transaction Parameter: Details Shares Acquired: 1,200 Acquisition Mode: Open Market Transaction Date: 27.03.2026 Percentage of Total Capital: 0.01%

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in the trust's shareholding in Trident Lifeline Limited. The trust's position moved from 8,42,966 shares to 8,44,166 shares, reflecting the recent purchase.

Holding Period: Number of Shares % of Total Capital % of Diluted Capital Before Acquisition: 8,42,966 7.06% 6.75% After Acquisition: 8,44,166 7.07% 6.75% Net Change: +1,200 +0.01% 0.00%

Company Capital Structure

Trident Lifeline Limited's capital structure remained unchanged following this transaction. The company maintains its existing equity base without any alterations to the share capital.

Capital Component: Amount/Details Equity Share Capital: Rs. 11,93,30,000 Number of 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

Hardik Desai Family Trust, operating through Ultimate Beneficial Owner Hardik Jigishkumar Desai, submitted the disclosure to BSE Limited and the company as required under SEBI regulations. The trust is classified as a promoter group entity and maintains its registered address at 01 Seema Row House, Ghod Dod Road, Umra, Surat City, Gujarat. The disclosure was filed from Surat on 31.03.2026, ensuring compliance with the mandatory reporting requirements for substantial shareholding changes.

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.