Trident Texofab: Promoter Group Increases Stake to 6.89%

The Hardik Desai Family Trust, identified as a promoter group entity of Trident Texofab Limited, has disclosed a recent acquisition of shares. This transaction resulted in an increase of their total shareholding to 10,33,691 shares, representing 6.89% of the total voting capital. The acquisition, which occurred on August 20, 2026, was executed through an open market purchase, subtly altering the promoter group’s stake in the company.

Promoter Group Acquires Additional Shares

Trident Texofab Limited announced a disclosure from the Hardik Desai Family Trust, a significant promoter group entity. The trust has acquired additional shares in the company, leading to a change in their total holding. This disclosure is made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

Prior to the acquisition, the Hardik Desai Family Trust held 10,18,691 shares, equivalent to 6.79% of the total voting capital and diluted share capital of Trident Texofab Limited. Following the acquisition of 15,000 shares on August 20, 2026, their total holding now stands at 10,33,691 shares. This represents 6.89% of the total voting capital and diluted share capital of the company.

Transaction Information

The acquisition of these shares was conducted through the Open Market mechanism. The total equity share capital of Trident Texofab Limited before and after this acquisition remains ₹14,99,57,640, corresponding to 1,49,95,764 equity shares of ₹10 each.

Source: BSE

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