Trident Lifeline Increases Stake in Subsidiary TML to 59.67%

Trident Lifeline Limited has acquired an additional 1.00% equity stake in its subsidiary, Trident Mediquip Limited (TML), increasing its total shareholding from 58.67% to 59.67%. The acquisition was made from existing shareholders for a cash consideration of approximately ₹95.40 Lacs (₹0.95 Crore). TML operates in the Medical Device Industry and reported a turnover of ₹27.31 Cr in FY26. The transaction is considered a related party transaction but is being undertaken on an arm's length basis.