Trident Approves ₹250 Crore Investment in Trident Global Corp, Stock Rises Nearly 4%

New Delhi, September 2, 2025 – Trident Limited (NSE: TRIDENT, BSE: 521064) stock traded 3.84% up at ₹28.65 as of 13:06 IST on Tuesday following the board of the company giving its approval for an investment of a maximum of ₹250 crore in its group company Trident Global Corp Limited (TGCL).

Investment, to be made in one or more tranches, will provide Trident with 30.42% of TGCL, equating to 2.23 crore equity shares, and make it an associate company. The consideration will be in cash and is likely to be completed in about two months.

Investment Rationale

The board observed that the acquisition will:

• Provide access to India’s rapidly growing domestic brand market immediately.
• Leverage Trident’s established manufacturing prowess in select segments.
• Grow brand equity and establish the business as a multi-category home solutions company.
• Reduce geopolitical risks, such as US tariff stress, and align with the Swadeshi movement.

TGCL, which was incorporated in 2011, has a well-established e-commerce platform and a retail presence of more than 6,000 stores in India. The company is involved in marketing and selling high-end home textiles like towels, bedsheets, and Towel-on-Bath. TGCL has registered a turnover of ₹481 crore in FY25, against ₹475 crore in FY24 and ₹349 crore in FY23.

Key Transaction Details

The firm has notified the acquisition of a 30.42% share in Trident Global Corp Limited (TGCL). The paid-up capital of TGCL is ₹5.10 crore, and its turnover was ₹481 crore in FY25. The investment worth up to ₹250 crore will be made by the acquisition of 2,23,21,428 shares on a cash consideration basis. The deal is expected to be completed within the next two months.

Trident Share Price Update

Trident Ltd stocks are currently trading at ₹28.40, a 2.94% rise as of September 2, 2025, at 3:09 PM IST. Trident Ltd stocks fell 22% over the last year, increased by 12% over the last six months, and increased by 3.84% in the previous 5 days.

Trident Ltd opened trading at ₹27.62 and moved between a low of ₹27.58 and a high of ₹28.84 during the session. The company’s market capitalisation stands at about ₹14,530 crore. Over the past year, the stock has touched a 52-week high of ₹40.20 and a low of ₹23.11. At current levels, it trades at a P/E ratio of 33.24. Investors enjoy a dividend yield of 2.71%, with a quarterly dividend payout of ₹0.19 per share.

REF: https://nsearchives.nseindia.com/corporate/TRIDENT_02092025125438_filing.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations