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Trent seeks shareholder’s nod to raise funds from Tata Sons
Date: 24-06-2019Trent 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.