Trident has decided and approved to disinvest the entire shareholdings held in Trident Home Textiles (THTL), a wholly owned subsidiary of the company, to Lotus Hometextiles. An agreement for sale of equity shares has been executed on June 17, 2025 and the consideration has been received accordingly. The shares shall be transferred according to the said agreement in due course.
Consequently, THTL ceased as the subsidiary of Trident with effect from June 17, 2025. Consideration received from such sale/disposal is Rs 1.07 crore.
Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.
| Company Name | CMP |
|---|---|
| Trident | 24.93 |
| Filatex India | 53.15 |
| Nitin Spinners | 549.20 |
| Nahar Spinning Mills | 245.60 |
| Sanathan Textiles | 403.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: