Trident Ltd — M&A Activity 2022

Jun 24, 2022

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TheManagerListingDepartmentNationalStock Exchange of IndiaLimitedExchange Plaza, Plot No. C/1, GBlockBandra Kurla Complex, Bandra (ElMumbai - 400051	TheManagerListingDepartmentBSELimitedPhiroze Jeejeebhoy TowersDalalStreetMumbai- 400001
Scrip Code:- TRIDENT	Scrip Code:- 521064

S.No .	Particulars	Details	Details
1	Name o.f theTargetEntity	TridentHome DecorLimited
I2·Details inbriefsuch as size,turnover,etc.II		i.Authorized ShareCapital	INR 15,00,000/-(Rupees Fifteen Lakh Only).
		ii. Paid-Up ShareCapital	INR 5,00,000/-(Rupees Five Lakh Only).
		iii.Turnover	Nil(yet tocommencebusinessoperations)
II3IWhetherthe Acquisitionwouldfall.,withinrelatedpartytransaction(s)andwhether. theIpromoter/promotergroup/groupcompanies have anyinterestinItheentitybeing acquired? If yes,natureofinterest· anddetailsthereofandwhetherthesameisdone at "arm'slength"		NA'
4	Industrytowhichtheentitybeingacquired belongs	TridentHomeDecorLimitedis yet tocommenceitsbusinessoperations.
5	Objects and effects of acquisition(includingbutnotlimitedto,disclosureofreasonsforacquisitionoftargetentity,ifitsbusinessisoutsidethemainlineof Business of the listed entity)	TridentHomeDecorLimitedisincorporatedwiththeobjecttoventureintobusiness . ofsettingupunitsformanufacturingof Textile and TextileproductsunderProduction Linked Incentive(PU)Scheme ofMinistryofTextiles,Governmentof India.
6	Briefdetails of anygovernmentalorregulatoryappr ovalsrequiredfortheacquisition	NotApplicable
7	Indicativetimeperiodforcompletionofthe acquisition	Completed&

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8	Natureot consideration - whetherCash considerationorshare swapand details of the same		Cash Consideration .	Cash Consideration .
9	Cost ofac,quisitionorthe price atwhich the shares are acquired		INR 5,00,000 i.e. 50,000 equity shares having face value ofINR10/- each .
10	PercentageofShareholding/ControlAcquired/orNo. of SharesAcquired		% of Shareholding	100%
			ControlAcquired	Wholly owned Subsidiary
			No. of Shares Acquired	50,000 Equity Shares
11 II	Briefbackground about the EntityAcquired intermsofproducts/lineof businessacquired,Date ofIIncorporation, History oflast3years turnover, Country inwhichthe acquiredentityhas presenceandanyothersignificantinformationlin brief)		Trident Home DecorLimitedis incorporated in India andregisteredwiththeRegistrarof Companies, Chandigarhand is yet to commence itsbusiness operations.It was incorporatedonJune 22, 2022 and the CertificateofIncorporationhasbeenissuedbytheRegistrarofCompaniesonJune 24, 2022 .