Trident Lifeline Allots 24,000 Shares on Warrant Conversion

Trident Lifeline Ltd has announced the allotment of 24,000 equity shares following the conversion of an equal number of warrants. The conversion was executed at an issue price of ₹266 per share, including a premium of ₹256, resulting in the receipt of ₹47,88,000 from the warrant holder, Ashish Anandsingh Bafna. This allotment increases the company's issued, subscribed, and paid-up equity share capital to ₹11,95,70,000, comprising 11,957,000 equity shares of ₹10 face value each. The newly issued shares will rank pari-passu with existing equity shares.