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Trident Lifeline secures board approval for Rs 4113.93 crore equity share and warrant allotment
16-Oct-2026, 02:26

Trident Lifeline Limited announced that its board approved a preferential allotment of 12,22,200 equity shares and 5,00,400 warrants to Non-Promoter/Public and Promoter/Promoter Group shareholders. The company will utilize Rs 4113.93 crore of the proceeds to meet working capital requirements, invest in subsidiaries/associates/joint ventures, and for business expansion, with timelines of up to 24 months from the receipt of funds. Fincos Technology Solutions Private Limited and Rushabh Vinay Nisar HUF are among the allottees.