MoneyWorks4Me

Trent gets nod to raise funds up to Rs 150 crore

12 Aug 2016 Evaluate

Trent has received an approval for raising of funds through issue of Commercial Paper up to an amount not exceeding Rs 150 crore. The board of directors at its meeting held on August 11, 2016 has approved for the same.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.


Peers
Company Name CMP
Avenue Supermarts 3681.10
Trent 2731.00
Vishal Mega Mart 100.20
PN Gadgil Jewellers 611.55
Aditya Birla Life 83.02
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