Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR
Key Financial Highlights:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
Approved incorporation of a New Domestic Wholly Owned Subsidiary (DWOS) with the following details:
- Purpose: To enhance brand presence, drive brand-building, sales, marketing and business development initiatives for Trident products in overseas markets
- Ownership: 100% shareholding by Trident Limited
- Industry: Textile Industry/Trading of Goods and Services
- Consideration: Trident Limited shall subscribe to 100% of the initial paid-up share capital in cash at face value
- Status: Name yet to be approved by Ministry of Corporate Affairs, date of incorporation pending
- Regulatory Approval: Requires approval from Ministry of Corporate Affairs for incorporation
Other Significant Information:
- Board meeting duration: 5.5 hours (12:30 PM to 6:00 PM IST)
- Announcement signed by Sushil Sharma, Company Secretary (ICSI Membership No. F6535)
- Reference number: TL/2026/073589