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Trident Ltd — Capital/Financing Update 2023
Sep 27, 2023
59305_rns_2023-09-27_9f16c6b5-628f-40a6-ba6f-a5502d86949d.pdf
Capital/Financing Update
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Trident/CS/2023 September 27, 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 Shee�ng Business and Co Gen Power Plant at Budhni, Madhya Pradesh, has been enhanced with effect from September 27, 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/HO/CFD/CFDPoD-1/P/CIR/2023/123:-
| Sr. No. | Par�culars | ||
|---|---|---|---|
| 1. | Project/Business | Shee�ng | Co Gen Power Plant |
| 2. | Exis�ng capacity; | 1,20,000 Meters/Day | 49.4 MW |
| 3. | Exis�ng capacity u�liza�on; | 66.3% | Not Applicable (as this is cap�ve power plant) |
| 4. | Proposed capacity addi�on; | 55,000 Meters/Day | 16.3 MW |
| 5. | Period within which the proposed capacity is to be added |
The date of Commercial Opera�on of the project is September 27, 2023 |
The date of Commercial Opera�on of the project is September 27, 2023 |
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].
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27/09/2023
TL/2023/039312
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| 6. | Investment required | INR 228 Crores | INR 169 Crores |
|---|---|---|---|
| 7. | Mode of fnancing | External Borrowings: INR 170 Crores Internal Accrual: INR 58 Crores |
External Borrowings: INR 120 Crores Internal Accrual: INR 49 Crores |
| 8. | Ra�onale | • Leveraging Business Exper�se • Capturing Business Synergies • Increased Compe��ve Advantage • Mee�ng Increased Demand |
• Enhancing In-House Power and Steam genera�ng Facili�es to meet growth plans of the company |
This is for your kind informa�on & records please.
Yours faithfully For Trident Limited
MATTA ARAVIND Digitally signed by MATTA ARAVIND KUMAR KUMAR Date: 2023.09.27 21:44:30 +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].
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27/09/2023
TL/2023/039312