Trident has received approval to raise amount not exceeding Rs 600 crore by issue of Non-Convertible Debentures (NCDs) by way of public or private offering, in one or more tranches. The Board of Directors of the Company at its meeting held on May 13, 2019 has approved the same.
The board has also given approval to raise Rs 500 crore by issue of equity shares, Non-Convertible Debt instruments along with warrants, convertible debt instruments, convertible securities other than warrants or foreign currency convertible bonds and / or such other securities, as may be permitted, by way of a public or private offering, including Qualified Institutions Placement.
Trident is one of the largest exporters of Home Textile products from India. The company exports to more than 100 countries across 6 continents.
Company Name | CMP |
---|---|
Trident | 39.80 |
Filatex India | 63.12 |
Sutlej Textiles&Inds | 59.06 |
Nahar Spinning Mills | 288.00 |
Nitin Spinners | 353.55 |
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