Trent Ltd.

Trent is planning to raise Rs 300 crore by issue of Non- Convertible Debentures (NCDs) on a private placement basis. The issue of NCDs is subject to the approval of shareholders. The Board of Directors of the Company at its meeting held on June 28, 2016 has approved for the same.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.