Trent raises over Rs 1,000 crore via preferential allotment
Date: 09-08-2019Trent has raised over Rs 1,000 crore through preferential allotment of shares to its promotor Tata Sons. Tata Sons' stake in Trent has increased to 32.45% after preferential allotment of 2.31 crore or 6.52% shares.
Trent is part of the Tata Group and is engaged in business of retailing.