Trident to Invest ₹250 Crore in Trident Global Corp Limited

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Trident Ltd. (TRIDENT) Board Approves ₹250 Crore Investment in Trident Global Corp Limited (TGCL)

Trident Limited's board has greenlit an investment of up to ₹250 crore in the equity shares of Trident Global Corp Limited (TGCL), a public limited company. The investment will occur in one or more tranches and is subject to regulatory approvals.

The strategic acquisition is aimed at providing Trident immediate entry into the domestic brand market. The company plans to utilize existing manufacturing capabilities, enhance brand equity, and establish itself as a multi-category home solutions provider. TGCL has an established reputation as a trusted brand both in India and internationally.

The Board of Directors has delegated oversight of the investment to the Financial Management Committee.

Details  Trident Global Corp Limited (TGCL) ₹5.11 Crore ₹481 Crore Yes To acquire a strategic equity stake in TGCL to secure immediate access to the domestic brand market, leverage existing Company’s manufacturing for select categories, strengthen brand equity, and position the Company as a multi-category home solutions provider under the Trident umbrella. TGCL has established itself as a trusted brand in both domestic and international markets. The Board approved investment in Trident Global Corp Limited, a Public Limited Company upto INR 250 crore from time to time in one or more tranche(s).

30.42% shareholding acquired by Associate Company, total 2,23,21,428 Equity Shares acquired.

Background of Trident Global Corp Limited

TGCL, incorporated on 01-09-2011, has an established e-commerce presence, growing retail footprint, strong domestic brand recall, and sourcing flexibility enabling a complete product range. It specializes in premium products such as towels, bed sheets, and TOB (Towel-on-Bath) items, with a presence across 6,000+ retail outlets nationwide.