Main Disclosure – Disinvestment Details

Target Entity: Netria Property Holdings Limited

Percentage Stake Disinvested: 100% stake (entire shareholding)

Post-Transaction Holding: 0% (Netria will cease to be a subsidiary of Nahar Retail Trading Services Limited and consequently of Trent Limited)

Counterparty/Buyer: TreBits Investment Trust, a Small and Medium Real Estate Investment Trust registered with SEBI, acting on behalf of the proposed first scheme of the Trust. IDBI Trusteeship Services Limited is acting as the Trustee of the Trust, acting through TreBits Investment Management Private Limited.

Mode of Consideration: Cash

Valuation or Price Basis: Based on unaudited financials as of September 30, 2026

Consideration Details: The total consideration to be received upon completion will be Rs 11.25 per equity share, subject to closing adjustments for net working capital as on the closing date. This is together with repayment of outstanding loans aggregating approximately ₹171.91 crore and accrued interest up to the closing date.

Rationale for Disinvestment: Not explicitly stated in the document.

Impact on the Company: Trent Limited proposes to continue to occupy the premises owned by Netria pursuant to appropriate lease arrangements with the Trust acting on behalf of the proposed first scheme.

Business Profile of Target Entity: Netria Property Holdings Limited was incorporated on 4th September 2025. As it was incorporated during the current financial year, it did not contribute to turnover/revenue/income or net worth during the last financial year.

Related Party Status: No. The buyers do not belong to the promoter/promoter group/group companies. The transaction would not be a related party transaction.

Approvals Required: The transaction is subject to the execution of the definitive transaction documents and completion of the initial public offer of the proposed first scheme of the Trust.

Indicative Timeline: The transaction is expected to be completed following the completion of the initial public offer of the proposed first scheme of the Trust and satisfaction of the conditions precedent under the definitive transaction documents. No specific date is provided.

Other Updates

No other disclosures are present in the document.