The Board of Directors of Trident Lifeline Limited at its meeting held on April 6, 2024 has approved the proposal of incorporation of a wholly owned subsidiary with the proposed name "TLL ELEMENTS PRIVATE LIMITED" of the Company. This entity will be positioned as a company for all types of cosmetic and herbal products. Name of the target entity, details in brief such as size, turnover etc.:- M/s. TLL ELEMENTS PRIVATE LIMITED (The Proposed Company) having its proposed Registered Office in Gujarat.

Proposed Capital Details: Authorized Share Capital: INR 1,00,000 divided into 10,000 Equity Shares of INR 10 each Paid-up Share Capital: INR 1,00,000 divided into 10,000 Equity Shares of INR 10 each Turnover: Not Applicable. Industry to which the entity being acquired belongs: Cosmetic Industry, Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity): This acquisition would allow the company to partner with the leading and fast-growing market of all type of skin and hair cosmetic products including but not limited to raw and finished cosmetics, herbal cosmetic products, perfumes and essences etc. Brief details of any governmental or regulatory approvals required for the acquisition:- The acquisition is within the overall limit approved by the Shareholders of the Company under Section 186 of the Companies Act, 2013.

Indicative time period for completion of the acquisition: - Incorporation is expected to be completed within the next four weeks.