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Trident Ltd Capital/Financing Update 2025

Jan 14, 2025

59305_rns_2025-01-14_3895e34a-f6dd-463e-88f0-31ad67c2f6b0.pdf

Capital/Financing Update

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TRIDENT/CS/2025 January 14, 2025

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.: Disclosure under Regula�on 30 of the Securi�es and Exchange Board of India (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 (“LODR Regula�ons”)

Dear Sir/Madam,

This is in con�nua�on of our le�er dated December 14, 2024 regarding disclosure under Regula�on 30 and other applicable provisions of the LODR Regula�ons, we hereby inform and update that the Trident Group Enterprises Pte. Ltd. (‘Buyer’), Singapore, overseas wholly owned subsidiary of Trident Limited has acquired en�re shareholding of THTL Trading L.L.C., a Limited Liability Company incorporated in the emirate of Dubai, United Arab Emirates (‘UAE’), on January 14, 2025.

In terms of Regula�on 30, read with, Para A of Part A of Schedule III of the LODR Regula�ons and SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, the updated details are enclosed herewith in the prescribed formats as Annexure 1.

The date and �me of occurrence of events is January 14, 2025 at 18.01 hours IST.

This is for your informa�on & records please.

Thanking You,

Yours faithfully

For Trident Limited

SUSHIL Digitally signed by SUSHIL SHARMA SHARMA Date: 2025.01.14 18:31:53 +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 [email protected].

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14/01/2025

TL/2025/056289

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Annexure-1

Details in terms of Regula�on 30, read with, Para A of Part A of Schedule III of the LODR Regula�ons and SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023

Par�culars Remarks
Name of the Target En�ty details in brief such as size,
turnover, etc
Name: THTL Trading L.L.C.
Size / Turnover: THTL Trading L.L.C. was incorporated on
June 25, 2024 in the emirate of Dubai, United Arab Emirates
(‘UAE’) and is yet to commence its business opera�ons.
Whether the acquisi�on would fall within related party
transac�on(s) and whether the promoter/ promoter group/
group companies have any interest in the en�ty being
acquired?
If yes, nature of interest and details thereof and whether the
same is done at “arm’s length”
The acquisi�on is not a related party transac�on. The buyer
is wholly owned subsidiary of the Company
Industry to which the en�ty being acquired belongs Blankets, Towels & Linens Trading
Objects and impact of acquisi�on (including but not limited to,
disclosure of reasons for acquisi�on of target en�ty, if its
business is outside the main line of business of the listed
en�ty)
The object is to diversify and expand the current business
opera�ons in global market, explore the future business
opportuni�es and/or to employ talent to manage business
ac�vi�es of the Company.
Brief details of any governmental or regulatory approvals
required for the acquisi�on
NA
Indica�ve �me for comple�on of acquisi�on Date of comple�on of acquisi�on is January 14, 2025
Considera�on - whether cash considera�on or share swap or
any other form and details of the same
Cash Considera�on.
The cost of acquisi�on is AED 38,500/-
Cost of acquisi�on and/or the price at which the shares are
acquired
Percentage of shareholding / control acquired and / or
number of shares acquired
Trident Group Enterprises Pte. Ltd. has acquired en�re 100%
shareholding of THTL Trading LLC and has become wholly
owned subsidiary of Trident Group Enterprises Pte Ltd and
consequently step down subsidiary of Trident Limited
Brief background about the en�ty acquired in terms of
products/line of business acquired, date of incorpora�on,
history of last 3 years turnover, country in which the acquired
en�ty has presence and any other signifcant informa�on (in
brief);
THTL Trading L.L.C. was incorporated on June 25, 2024 in the
emirate of Dubai, United Arab Emirates (‘UAE’) and is yet to
commence its business opera�ons.

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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14/01/2025

TL/2025/056289