Trident Lifeline Allots 24,000 Shares on Warrant Conversion

Trident Lifeline Ltd has allotted 24,000 equity shares following the conversion of an equal number of warrants. The conversion was executed upon receipt of the remaining 75% of the issue price from warrant holders. The total amount received for this conversion was Rs. 47,88,000. This allotment increases the company's issued, subscribed, and paid-up equity share capital to Rs. 11,98,10,000, comprising 11,981,000 equity shares of Rs. 10/- each. The new shares will rank pari-passu with existing equity shares.