BSECompany Update30 Sept 2026 · 30 Sept 2026, 06:42 pm
We wish to inform to the Exchange that Trident Lifeline Limited has made further Investment by acquiring an additional equity stake of 1.00% of TRIDENT MEDIQUIP LIMITED (TML) (CIN: U33309GJ2019PLC110421), a subsidiary company from existing shareholders of the Company. Pursuant to the above, the shareholding of the company in Trident Mediquip Limited has increased from 58.67 % to 59.67%.
Trident Lifeline Ltd · 543616
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Trident Lifeline Ltd has acquired an additional 1% equity stake in its subsidiary Trident Mediquip Limited, increasing its shareholding from 58.67% to 59.67%. The acquisition was made on an arm's length basis.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Trident Lifeline Ltd - 543616 - Announcement under Regulation 30 (LODR)-Acquisition
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Date: 30.09.2026
BSE Limited Stock ID: TLL
P. J. Towers, Scrip Code: 543616
Dalal Street, Fort, ISIN: INE0MKA01014
Mumbai – 400001.
Dear Sir/Ma’am,
Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Dear Sir/Ma’am,
We wish to inform to the Exchange that Trident Lifeline Limited has made further Investment
by acquiring an additional equity stake of 1.00% of TRIDENT MEDIQUIP LIMITED (TML)
(CIN: U33309GJ2019PLC110421), a subsidiary company from existing shareholders of the
Company. Pursuant to the above, the shareholding of the company in Trident Mediquip Limited
has increased from 58.67 % to 59.67%.
We enclosed herewith the details required under Regulation 30 of SEBI (LODR) Regulations,
2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026 as Annexure – A.
Thanking You.
Yours faithfully,
FOR TRIDENT LIFELINE LIMITED
NIKITA SHARMA
COMPANY SECRETARY AND COMPLIANCE OFFICER
M. NO.: A60595
Registered Office: 2004, 2nd Floor, North Extension, Falsawadi, Ring Road, Surat-395003, Gujarat, INDIA.
Tel : +91 261 2451274, 2451284 Email : info@tridentlifeline.com Web : www.tridentlifeline.com
Factory Address: Plot No. 4240, Road No. 42, Sachin GIDC, Surat, Gujarat - 394230, India.
Annexure-A
Information under Regulation 30 of SEBI (LODR) Regulations, 2015 and SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr. Particulars Details
1 Name of the target entity, TRIDENT MEDIQUIP LIMITED (CIN:
details in brief such as size, U33309GJ2019PLC110421) Company incorporated
turnover etc. under the provisions of the Companies Act, 2013,
having its Registered Office in Surat, Gujarat
Capital Details:
Authorized Share Capital: Rs. 11,00,00,000/-
divided into 1,10,00,000 Equity Shares of Rs.10/-
each
Paid-up Share Capital: Rs. 10,00,00,000/- divided
into 1,00,00,000 Equity Shares of Rs.10/- each
Turnover: 27.31 Cr
2 Whether the acquisition would Yes, TRIDENT MEDIQUIP LIMITED, Subsidiary of
fall within related party Trident Lifeline Limited, therefore is a related
transaction(s) and whether the party. Also Mr. Amit Bhupendra Halvawala and Mr.
promoter/ promoter group/ Chetan Chandrakant Jariwala (director’s Relative of
group companies have any Rupaben Jariwala) are member cum Director, Mr.
interest in the entity being Hardik Jigishkumar Desai members and all of above
acquired? If yes, nature of are part of promoters/promoter group/board of
interest and details thereof and acquiring Company i.e being Trident Lifeline
whether the same is done at Limited (The Company), have an interest in the
“arm’s length” entity being acquired (TML).
The transaction is being undertaken on an arm's
length basis.
3 Industry to which the entity Medical Device Industry
being acquired belongs
4 Objects and impact of TRIDENT MEDIQUIP LIMITED is a subsidiary of the
acquisition (including but not company. In order to further increase its stake in
limited to, disclosure of reasons TML, the percentage of holding its stake in TML
for acquisition of target entity, if stands at 59.67%.
its business is outside the main
line of business of the listed
entity)
Registered Office: 2004, 2nd Floor, North Extension, Falsawadi, Ring Road, Surat-395003, Gujarat, INDIA.
Tel : +91 261 2451274, 2451284 Email : info@tridentlifeline.com Web : www.tridentlifeline.com
Factory Address: Plot No. 4240, Road No. 42, Sachin GIDC, Surat, Gujarat - 394230, India.
5 Brief details of any NA
governmental or regulatory
approvals required for the
acquisition.
6 Indicative time period for NA
completion of the acquisition
7 Consideration - whether cash Cash consideration
consideration or share swap
and details of the same;
8 Cost of acquisition or the price Cost of acquisition is approx. 95.40 lacs.
at which the shares are
acquired;
9 Percentage of shareholding / Pre-acquisition holding: 58.67 %
control acquired and / or
number of shares acquired; Post-acquisition holding: 59.67 %
10 Brief background about the Date of incorporation: October 19, 2019
entity acquired in terms of
products/line of business Product/line of business: Medical Device Industry
acquired, date of incorporation,
history of last 3 years turnover, Last 3 years' turnover:
country in which the acquired Financial year 2023-24- 20.58 Cr.
entity has presence and any Financial Year 2024-25- 21.29 Cr.
other significant information (in Financial Year 2025-26- 27.31 Cr.
brief);
Presence of entity: India
Registered Office: 2004, 2nd Floor, North Extension, Falsawadi, Ring Road, Surat-395003, Gujarat, INDIA.
Tel : +91 261 2451274, 2451284 Email : info@tridentlifeline.com Web : www.tridentlifeline.com
Factory Address: Plot No. 4240, Road No. 42, Sachin GIDC, Surat, Gujarat - 394230, India.