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Trident gets in-principle nod to sell stake in subsidiary

27 Jul 2023 Evaluate

Trident has received in-principle approval for sale of stake in subsidiary of Company i.e, Trident Global Corp. The consideration to be received from such sale will be Rs 73.1 per share (total 50,00,000 shares). The board of directors at its meeting held on July 27, 2023 has approved the same.

Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.

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