Trident Limited — Important, 17-06-2025: Diversification/Disinvestment

Trident Limited has announced a board meeting on the disinvestment of its entire shareholding in Trident Home Textiles Limited (THTL), a wholly owned subsidiary, to Lotus Hometextiles Limited. The sale agreement is executed, and consideration of INR 1.07 crore has been received. THTL, which contributed minimally to Trident's revenue (INR 2.88 million, 0.004%) and net worth (INR 29.43 million, 0.06%), has ceased to be a subsidiary. The buyer is unrelated to Trident’s promoter group, and the transaction was conducted at arm’s length. This move streamlines Trident’s business portfolio.