Trent Ltd.

Trent has raised Rs 500 crore through Rated Listed Unsecured Redeemable Non - Convertible Debentures (NCDs) and allotted 5,000 NCDs having face value of Rs 10 lakh each on a private placement basis. The proceeds of the Issue are proposed to be used towards capital expenditure, refinancing of existing indebtedness, working capital and other general corporate purposes, as permitted by Law.

Trent is part of the Tata Group and is engaged in business of retailing.