Trident Ltd — Capital/Financing Update 2025

Sep 2, 2025

TRIDENT/CS/2025 September 02, 2025

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National 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.: Outcome of Board Meeting held on September 02, 2025 and Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“SEBI (LODR )Regulations”)

Dear Sir/Madam,

In terms of the Regulation 30 read with schedule III and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of Trident Limited (‘Company’)in its meeting held today i.e. September 02, 2025 has approved investment in the equity shares of Trident Global Corp Limited, a Public Limited Company upto INR 250 crore, from time to time in one or more tranche(s). The acquisition shall be subject to completion of regulatory procedures and formalities.

The said acquisition shall help the Company to secure immediate access to the domestic brand market, leverage existing Company’s manufacturing for select categories, strengthen brand equity, and position the Company as a multi-category home solutions and to mitigate the geopolitical conditions including US tariff and to take the benefit of Swadeshi movement. TGCL has established itself as a trusted brand in both domestic and international markets.

The Board of Directors of the Company has authorized Financial Management Committee of the Company to oversee the abovesaid investment.

The details as required under Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 (as amended) are provided in Annexure A.

The Board Meeting commenced at 11:30 A.M. IST and concluded at 12:36 P.M. IST.

Thanking you

Yours faithfully, For Trident Limited

SUSHIL Digitally signed by SUSHIL SHARMA SHARMA Date: 2025.09.02 12:51:00 +05'30'

(Sushil Sharma)

Company Secretary

ICSI Membership No. F6535

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 corp@tridentindia.com.

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02/09/2025

TL/2025/064276

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Annexure – A

S. No.	Details	Descripton	Descripton
1	Name of the Target Entty	Trident Global Corp Limited (hereinafer referred to as “TGCL”)
2	Details in brief such as size, turnover, etc.	Paid-up capital: INR 5,10,51,380/- Turnover :INR 481 Crore (during FY 2024-25)
3	Whether the Acquisiton would fall within related party transacton(s) and whether the promoter/promoter group/group companies have any interest in the entty being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	Trident Global Corp Limited is an Enterprise over which Promoter/Promoter Group exercise signifcant infuence/control.The said acquisiton of equity shares will fall within related party transactons. Trident Limited will Infuse funds in TGCL through the fresh equity capital at fair value of equity share at “arm’s length”.
4	Industry to which the entty being acquired belongs	TGCL is engaged in marketng and selling Home textles.
5	Objects and efects of acquisiton (including but not limited to, disclosure of reasons for acquisiton of target entty, if its business is outside the main line of Business of the listed entty)	To acquire a strategic equity stake in TGCL to secure immediate access to the domestc brand market, leverage existng Company’s manufacturing for select categories, strengthen brand equity, and positon the Company as a mult-category home solutons provider under the Trident umbrella. TGCL has established itself as a trusted brand in both domestc and internatonal markets.
6	Brief details of any governmental or regulatory approvals required for the acquisiton	Not Applicable
7	Indicatve tme period for completon of the acquisiton	Approximate two months.
8	Nature of consideraton – whether Cash consideraton or share swap and details of the same	Cash Consideraton.
9	Cost of acquisiton or the price at which the shares are acquired	The Board approved investment in Trident Global Corp Limited, a Public Limited Company upto INR 250 crore from tme to tme in one or more tranche(s).
10	Percentage of Shareholding/ Control Acquired/ or No. of Shares Acquired	% of Shareholding	30.42%
		Control Acquired	Associate Company
		No. of Shares to be acquired	2,23,21,428 Equity Shares

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 corp@tridentindia.com.

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02/09/2025

TL/2025/064276

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11 Brief background about the Entity Acquired in terms of products/line of business acquired, Date of Incorporation, History of last 3 years turnover, Country in which the acquired entity has presence and any other significant information (in brief)

TGCL, incorporated on 01-09-2011 is an Indian unlisted company, with an established e-commerce presence, growing retail footprint, strong domestc brand recall, and sourcing fexibility enabling a complete product range. It is a leading player in the Indian home textles trading sector, specializing in premium products such as towels, bed sheets, and TOB (Towel-on-Bath) items. With a robust presence across 6,000+ retail outlets natonwide, TGCL has established itself as a trusted brand in both domestc and internatonal markets. Turnover of the Companyduringlast 3years is as follow:	TGCL, incorporated on 01-09-2011 is an Indian unlisted company, with an established e-commerce presence, growing retail footprint, strong domestc brand recall, and sourcing fexibility enabling a complete product range. It is a leading player in the Indian home textles trading sector, specializing in premium products such as towels, bed sheets, and TOB (Towel-on-Bath) items. With a robust presence across 6,000+ retail outlets natonwide, TGCL has established itself as a trusted brand in both domestc and internatonal markets. Turnover of the Companyduringlast 3years is as follow:	TGCL, incorporated on 01-09-2011 is an Indian unlisted company, with an established e-commerce presence, growing retail footprint, strong domestc brand recall, and sourcing fexibility enabling a complete product range. It is a leading player in the Indian home textles trading sector, specializing in premium products such as towels, bed sheets, and TOB (Towel-on-Bath) items. With a robust presence across 6,000+ retail outlets natonwide, TGCL has established itself as a trusted brand in both domestc and internatonal markets. Turnover of the Companyduringlast 3years is as follow:	TGCL, incorporated on 01-09-2011 is an Indian unlisted company, with an established e-commerce presence, growing retail footprint, strong domestc brand recall, and sourcing fexibility enabling a complete product range. It is a leading player in the Indian home textles trading sector, specializing in premium products such as towels, bed sheets, and TOB (Towel-on-Bath) items. With a robust presence across 6,000+ retail outlets natonwide, TGCL has established itself as a trusted brand in both domestc and internatonal markets. Turnover of the Companyduringlast 3years is as follow:
Partculars	FY2022-23	FY2023-24	FY2024-25
Turnover	INR 349 Crore	INR 475 Crore	INR 481 Crore

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 corp@tridentindia.com.

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02/09/2025

TL/2025/064276