Nature of Update
Trident Limited has incorporated a new Domestic Wholly Owned Subsidiary named Trident Global Industries Limited.
Key Operational or Strategic Points
- The subsidiary was incorporated on August 17, 2026, in India
- Purpose: To enhance brand presence, drive brand-building, sales, marketing and business development initiatives for Trident products in overseas markets
- Industry classification: Textile Industry/Trading of Goods and Services
- The incorporation approval was received from the Ministry of Corporate Affairs on August 17, 2026
Material Financial Impact
- Initial investment: ₹5,00,000
- Investment structure: Trident Limited subscribed to 50,000 equity shares of face value ₹10 each, representing 100% of the subsidiary's share capital
- Funding source: Cash consideration
- Shareholding: 100% wholly owned subsidiary of Trident Limited
Approval Status
- Board approval received as per previous communication dated July 21, 2026
- Regulatory approval from Ministry of Corporate Affairs received on August 17, 2026
Reference Regulation
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended)