Trident Lifeline to Issue Equity & Warrants via Preferential Allotment for ₹57.98 Cr

Trident Lifeline Limited's Board of Directors approved the preferential issue of equity shares and warrants. The company plans to issue 1,222,200 equity shares at ₹336.60 each, aggregating to ₹41,13,92,520 (₹41.14 Crore), to public (non-promoter) investors. Additionally, 500,400 fully convertible warrants will be issued at ₹336.60 each, totaling ₹16,84,34,640 (₹16.84 Crore), to promoter/promoter group and public. These warrants are convertible into equity shares within 18 months. The total preferential issue aggregates to approximately ₹57.98 Crore. The board also approved the alteration of the Article of Association and will convene an Extra-Ordinary General Meeting (EGM) on October 27, 2026, to seek shareholder approval for these proposals.