Trident Ltd — Capital/Financing Update 2019

May 13, 2019

TRIDENT/CS/2019

May 13, 2019

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The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 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. May 13, 2019 has approved the expansion of Yarn segment by installation of 1,62,432 spindles & 3,600 Rotors including other balancing equipment to manufacture approx 48482 TPA of 100% cotton yarn at Budni, Madhya Pradesh.

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	5,43,744 spindles and 6,464 Rotors
2.	Existingcapacityutilization	99%
3.	Proposed capacity addition	1,62,432 spindles & 3,600 Rotors including other balancing equipment to manufacture approx 48482 TPA ofyarn
4.	Period within which the proposed capacity is to be added	The project is expected to begin commercial operations w.e.f January 2021
5.	Investment required	INR 1140 Crores
6.	Mode of financing	External Borrowings – INR 855 Crores Internal Accruals – INR 285 Crores
7.	Rationale	The proposed project shall help to strengthen the existing home textile units of Company and shall further increase the marketpresence.

Thanking you

Yours faithfully

For Trident Limited

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(Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

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