Trent Ltd.

Trent has raised Rs 100 crore through issuance and allotment of Commercial Paper. The proceeds will be used towards working capital requirements. Credit rating agency -- CARE Ratings has assigned a credit rating of ‘A1+’ to the said instrument. Instruments with ‘A1’ rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Trent is engaged in the retail sale of readymade garments.