Trident Limited — Important, 23-01-2025: Diversification/Disinvestment

Trident Limited's overseas subsidiary, Trident Group Enterprises Pte. Ltd., has executed definitive agreements to acquire 100% shareholding in Trident Global Inc. (USA) and Trident Europe Limited (UK) from Trident Limited. Following these acquisitions, both entities will be wholly-owned subsidiaries of the Singapore entity and step-down subsidiaries of Trident Limited.

These subsidiaries contributed approximately INR 26.8 million (0.8%) and INR 30.7 million (0.9%) to consolidated profits last fiscal year. This strategic move could enhance Trident's operational footprint in international markets, potentially providing growth opportunities while investing in global expansion. Investor sentiment may lean positively as these acquisitions align with the company’s growth strategy.