Trident Limited — JV/Acquisition, 02-09-2025: Acquisition

Trident's board has approved investing up to ₹250 Cr in Trident Global Corp Limited (TGCL), acquiring a 30.42% stake. This strategic move is set to boost Trident's access to the domestic brand market and leverage its manufacturing capabilities. TGCL, an Indian home textiles player with FY25 turnover of ₹481 Cr, brings a strong e-commerce and retail presence. The acquisition aims to strengthen Trident's brand as a multi-category home solutions provider, enhancing market reach and mitigating geopolitical risks.