AI assistant
Trident Ltd — Capital/Financing Update 2023
Dec 29, 2023
59305_rns_2023-12-29_bd5f675b-b86a-4cde-b529-a19a1605b9da.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [524 x 113] intentionally omitted <==
Trident/CS/2023 December 29, 2023
Na�onal Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT
BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064
Sub: In�ma�on under Regula�on 30 of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 (“Lis�ng Regula�ons”)
Dear Sir / Madam,
In terms of the Regula�on 30 and other applicable provisions of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, we would like to inform you that exis�ng capacity of the Yarn Business at Budhni, Madhya Pradesh, has been enhanced with effect from December 29, 2023.
In reference to the above, please find below the required details, in terms of Regula�on 30 read with Para B of Part A of Schedule III of the Lis�ng Regula�ons and SEBI circular SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123:-
| Sr. No. | Par�culars | Details |
|---|---|---|
| 1. | Business | Yarn |
| 2. | Exis�ng capacity | 5,89,248 Spindles, 7464 Rotors and 160 Air Jet |
| 3. | Exis�ng capacity u�liza�on | 82.00% |
| 4. | Capacity Addi�on | 1,89,696 Spindles |
| 5. | Date of capacity addi�on | December 29, 2023 |
| 6. | Investment | INR 830 Crores |
| 7. | Mode of fnancing | Through Term Loan and Internal Accrual |
Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on [email protected].
==> picture [525 x 49] intentionally omitted <==
29/12/2023
TL/2023/043342
==> picture [524 x 113] intentionally omitted <==
- Ra�onale Strengthen the posi�on of the Company in Tex�le Sector Leveraging Business Exper�se Capturing Business Synergies Increased Compe��ve Advantage Mee�ng Increased Demand
Date and �me of occurrence of event: December 29, 2023 I 14:50 hrs IST
This is for your kind informa�on & records please.
Yours faithfully
For Trident Limited
MATTA ARAVIND KUMAR Digitally signed by MATTA ARAVIND KUMAR DN: c=IN, postalCode=520001, st=ANDHRA PRADESH, street=KRISHNA, l=KRISHNA, o=Personal, serialNumber=0d1902fec4816d6c6383a8465faa915e4ce73e9f6aa6a29dc213f3f2022a0b33, pseudonym=fbd57b2e43914a3a9d9b195238650c13, 2.5.4.20=dca1cd9f837af755c4beb695043838e594c3c1ee3bcc5f6a7441fec41f7e9619, email=[email protected], cn=MATTA ARAVIND KUMAR Date: 2023.12.29 17:08:42 +05'30' [Ma � a Aravind Kumar] Company Secretary
Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on [email protected].
==> picture [525 x 49] intentionally omitted <==
29/12/2023
TL/2023/043342