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Trident Lifeline completes acquisition of 51% stake in TLL Herbal

10 Aug 2023 Evaluate

Trident Lifeline has completed acquisition of equity share equivalent to 51% of the total issued and paid up share capital of TLL Herbal, from the existing shareholders of TLL Herbal and making it a subsidiary company. Recently, the Board of Directors of the company had approved the acquisition of majority stake (51%) in TLL Herbal at their meeting held on July 15, 2023.

Earlier, the company had completed acquisition of 18% equity shares of Tricorp Industries (TIL) from the existing shareholders of TIL on July 25, 2023.

Trident Lifeline is engaged in the manufacturing and marketing of quality finished dosages.

Peers
Company Name CMP
Sun Pharma. Inds. 1864.00
Dr. Reddys Labs. 1140.80
Cipla 1380.00
Lupin 2075.00
Zydus Lifesciences 1118.00
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