Trident Limited’s promoter group, including Rajinder Gupta, Trident Group Limited, Madhuraj Foundation, and Lotus Global Foundation, has acquired 13,00,00,000 shares of the company. This acquisition represents 2.55% of the total voting capital. The transaction occurred via an inter-se transfer between promoter group entities on August 07, 2026, reinforcing the promoter’s stake and control in Trident Limited.
Promoter Group Boosts Stake in Trident Limited
Trident Limited has disclosed a significant share acquisition by its promoter group entities. The transaction, which took place on August 07, 2026, involved the acquisition of 13,00,00,000 equity shares, translating to 2.55% of the company’s total voting share capital. This move demonstrates a consolidated effort by the promoter group to increase its holding and influence within Trident Limited.
Key Acquirers and Transaction Details
The shares were acquired by Rajinder Gupta, Trident Group Limited, Madhuraj Foundation, and Lotus Global Foundation. The acquisition was executed as an inter-se transfer between Promoter Group entities, specifically identified as a Block Deal. This method of transfer indicates a strategic internal reallocation of shares among related parties, aiming to centralize or increase ownership within the promoter circle.
Holding Before and After Acquisition
Prior to this transaction, the combined holding of these promoter entities stood at 375,45,13,805 shares, representing 73.68% of Trident Limited’s total voting capital. Following the acquisition of an additional 13 crore shares, their post-acquisition holding now amounts to 375,45,13,805 shares, maintaining the same percentage of 73.68% due to the inter-se transfer nature of the deal. The total equity share capital of Trident Limited remains unchanged at INR 509,59,55,670.
Source: BSE
