Trent Ltd.

Trent has signed a definitive agreement with Tata Industries, Tata Unistore (TUL) and Tata Digital (TDPL) on December 08, 2022 to divest its stake of around 3.22% (on a fully diluted basis) held in TUL to TDPL. The sale of TUL equity shares to TDPL is for consideration other than cash in the form of Compulsorily Convertible Preference Shares of TDPL.

Trent is engaged in the retail sale of readymade garments.