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Trent seeks shareholder’s nod to raise funds from Tata Sons

24 Jun 2019 Evaluate

Trent is seeking shareholder’s approval to allot up to 2.46 crore equity shares to Tata Sons. The company plans to raise funds through preferential allotment of shares to promoter Tata Sons to finance expansion and reduce debt.

Trent is part of the Tata Group and is engaged in business of retailing.

Peers
Company Name CMP
Avenue Supermarts 3631.90
Trent 2888.00
Vishal Mega Mart 100.15
PN Gadgil Jewellers 596.60
Aditya Birla Life 73.50
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