Trident Lifeline Promoter Sells Stake in Open Market
Stock market professionals analyzing data in a busy office.
Key Highlights
Amit Bhupendrabhai Halvawala reduces stake in Trident Lifeline via open market sales on March 27 & 30, 2026. Holdings decrease from 1.14% to 0.85%.
Trident Lifeline Limited has announced a reduction in shareholding by promoter group member Amit Bhupendrabhai Halvawala. Halvawala sold 34,800 equity shares through open market transactions conducted on March 27 and March 30, 2026.
The transactions involved the sale of 18,000 shares on March 27 and 16,800 shares on March 30. Following these sales, Halvawala’s holdings have decreased from 1,36,300 shares to 1,01,500 shares. This represents a reduction from 1.14% to 0.85% of the company’s total share capital.
According to the company, the equity share capital structure remains unchanged, with Rs. 11,93,30,000 in equity share capital and 1,19,33,000 shares at a face value of Rs. 10 each. The company stated that the disclosure complies with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transactions involved only equity shares with voting rights, and there were no encumbrances or convertible securities involved.