Trent raises Rs 100 crore through Commercial Paper

12 Dec 2022 Evaluate

Trent has raised Rs 100 crore through issuance and allotment of Commercial Paper. The proceeds will be used towards working capital requirements. Credit rating agency -- CARE Ratings has assigned a credit rating of ‘A1+’ to the said instrument. Instruments with ‘A1’ rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Trent is engaged in the retail sale of readymade garments.


Trent Share Price

3945.00 71.60 (1.85%)
28-Mar-2024 15:27 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4551.00
Aditya Birla Fashion 205.60
Trent 3945.00
Future Retail 2.05
Electronics Mart Ind 191.00
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