Trident Ltd — Capital/Financing Update 2019

Aug 3, 2019

TRIDENT/CS/2019 August 3, 2019

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The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400 051	The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001
Scrip Code:- TRIDENT	Scrip Code:- 521064

Dear Sir/ Madam,

Sub: Intimation under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The Board of Directors of the Company in their meeting held today i.e. August 3, 2019 has approved the De-bottlenecking & Modernization of its existing paper units at Dhaula Plant, Punjab.

Further, details as required under Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 are as follows:

Sr No	Particulars	Details
1.	Existingcapacity	1,75,000 MTPA
2.	Existingcapacityutilization	89%
3.	Proposed capacityaddition	20,000 MTPA
4.	Period within which the proposed capacity is to be added	The project is expected to begin commercial operations w.e.f March 2021
5.	Investment required	INR 222 Crores
6.	Mode of financing	External Borrowings – INR 148 Crores Internal Accruals – INR 74 Crores
7.	Rationale	The proposed project shall help to strengthen the existing Paper units of Company and shall further increase the marketpresence.

Thanking you

Yours faithfully

For Trident Limited

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(Ramandeep Kaur) Company Secretary

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ICSI Membership No.: F9160

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