Trident Ltd — Major Shareholding Notification 2020

Nov 9, 2020

November 9, 2020

National Stock Exchange of India Limited	BSE Limited·
Exchange Plaza, Plot No. C/1, G Block	Phiroz.e Jeejeebhoy Towers
Sandra Kurla Complex, Bandra (E}	Dalal Street
Mumbai - 400 051	Mumbai - 400 001
Scrip Code- TRIDENT	Scrip Code- 521064

Sub: Disclosure pursuant to Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Ref: Acquisition of Equity shares of Trident Limited pursuant to the Scheme of Amalgamation of Trident Capital Limited, Trident Corp Limited, Trident Corporate Services limited, Trident Corporate Solutions Limited, Trident Industrial Corp limited (Transferor Companies) into Trident Group Limited (Transferee Company)

Dear Sir/ Madam

TRIO NT TM

This is to inform you that, pursuant to the order of the National Company Law Tribunal at Chandigarh, (NCLT) dated October 20, 2020, the Scheme of Amalgamation between Trident Capital Limited, Trident Corp Limited, Trident Corporate Services Limited, Trident Corporate Solutions Limited & Trident Industrial Corp Limited (hereinafter referred as Transferor Companies} and Trident Group Limited (hereinafter referred as the Transferee Company) has been sanctioned. The Effective Date for the same is November 9, 2020.

In accordance with the sanctioned Scheme of Amalgamation, following shares of Trident .· ~ Limited, as held by Transferor Companies, with effect from November 9, 2020, being the effective date, stands vested in the Transferee Company i.e Trident Group limited:

S.No	Name of Transferor Companies	No of shares	%	Whetherofpart
				PromoterPromoter&
				Group
1	Trident Capital Limited	19,27,36,190	3.78
2	Trident Corp Limited	1,53,39,970	0.30
3	Trident Corporate Services Limited	1,05,00,000	0.21	Yes
4	Trident Corporate Solutions Limited	1,05,00,000	0.21
5	Trident Industrial Corp Limited	32,37,17,515	6.35
	TOTAL	55,27,93,675	10.85

Pursuant to the acquisition through Scheme of Amalgamation, we are enclosing herewith the disclosure under Regulation 10(6} of SEBI (Substantial Acq'u.isition of Shares and Takeovers} Regulations, 2011 in prescribed format.

This is for your information and necessary records please.

Thanking you

For Trident Group Limited

,ijvw

ubey Company Secretary

Format for Disclosure under Regulation 10(6) - Report to the Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	Trident Limited
2.	Name of the acquirer(s)	Trident Group Limited
3.	Name of the stock exchange where	National Stock Exchange of India Limited
	shares of the TC are listed	BSE Limited
4.	Details of the transaction includingrationale, if any, for the transfer Iacquisition of shares	Pursuant to the order of the National Company LawTribunal at Chandigarh, (NCLT) dated October 20,2020, the Scheme of Amalgamation between MisTrident Capital Limited, M/s Trident Corp Limited,Mis Trident Corporate Services Limited, Mis TridentCorporate Solutions Limited & Mis Trident IndustrialCorpLimited(hereinafter referredTransferoras
		Companies)andM/sTridentGroupLimited(hereinafter referred as the Transferee Company)has been sanctioned. The Effective Date for thesame is November 9, 2020.
		ofaccordancewiththesanctionedSchemeInAmalgamation, shares of Trident Limited, as held byTransferor Companies, with effect from November 9,2020, being the effective date, stands vested in theTransferee Company i.e Mis Trident Group Limited.
		Since equity shares of Trident Limited, as held byeach of the Transferor Companies, shall stand vestedin the Transferee Company, as per the terms of theScheme, hence the aggregate number of shares ofTrident Limited, held by the Promoter & PromoterGroup, collectively remains the same, pre and post__amalgamation.
5.	Relevant regulation under which theacquirer is exempted from makingopen offer	Regulation 10(1 )(d)(iii) of SEBI Substantial Acquisitionof Shares and Takeovers) Regulations, 2011
6.	!---+------------~----+-------------------------ofWhetherdisclosureproposedacquisition was required to be madeunder regulation 10 (5) and if so,-whether disclosure was made andwhether it wasmadewithinthetimelinespecifiedundertheregulations.of-datefilingwiththestockexchange.	Not Applicable
7.	>----+----------------- -----+---------------------------------Details of acquisitionI---+----------------__	Disclosures required tobe made underregulation 10(5)	Whether the disclosuresunder regulation 10( 5)are actually made
a.	Name of the transferor I seller-----	-_Not Applicable	Not Applicable
b.	Date of acquisition	Not Applicable	Not Applicable
c.	Number of shares/ voting rights inrespect of the acquisitions from eachperson mentioned in 7(a) above	Not Applicable	Not Applicable
d.	1---+-'-----------'~~-------+---------~f------------Total shares proposed to be acquiredI actually acquired as a % of dilutedshare capital of TC	Not Applicable	-----Not Applicable

e.	Price at which shares are proposed tobe acquired I actually acquired	Not Applicable		Not Applicable
8	Shareholding details	Pre-Transaction		Post-Transaction
		No. ofshares held	% w.r.ttotal sharecapital ofTC	No. ofshares held	% w.r.ttotal sharecapital ofTC
a	Each Acquirer I Transferee
	Mis Trident Group Limited	1, 71,83, 76, 160	33.72	2,27,11,69,835	44.57
b	Each Seller I Transferor
	M/s Trident Capital Limited	19,27,36,190	3.78	NIL
	M/s Trident Corp Limited	1,53,39,970	0.30
	Mis Trident Corporate ServicesLimited	1,05,00,000	0.21
	Mis Trident Corporate SolutionsLimited	1,05,00,000	0.21	NIL
	Mis Trident Industrial Corp Limited	32,37,17,515	6.35		---

For Trident Group Limited

Alok Dubey Company Secretary

Date: November 9, 2020

Place: Ludhiana