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Trident Ltd — Regulatory Filings 2021
Jul 28, 2021
59305_rns_2021-07-28_db94acb9-8774-4948-a2dc-29098ee6bfe2.pdf
Regulatory Filings
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TRIDENT/CS/2021 July 28, 2021
The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 Scrip Code:- TRIDENT Scrip Code:- 521064
Dear Sir/ Madam,
Sub: Intimation under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
In continuation of our letter no TRIDENT/CS/2019 dated May 13, 2019, we would like to inform you that the Company has expanded its Yarn Segment and also commenced its commercial operations under the same.
Further, details as required under Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 are as follows:
| Sr No | Particulars | Details |
|---|---|---|
| 1. | Existing capacity | 5,27,808 Spindles & 6,984 Rotors and 160 Air Jet |
| 2. | Existing capacity utilization | 84% (FY21) |
| 3. | Proposed Capacity Addition | 61,440 Spindles & 480 Rotors including other balancing |
| equipment | ||
| 4. | Period within which the | The date of Commercial Operation of the project is July 27, |
| proposed capacity is to be has | 2021. | |
| been added | ||
| 5. | Investment required made | INR 338 Crores |
| 6. | Mode of financing | External Borrowings – INR 253 Crores |
| Internal Accruals – INR 85 Crores | ||
| 7. | Rationale | This capacity addition shall further strengthen the position of |
| the Company in Textile Sector. |
Thanking you Yours faithfully For Trident Limited
RAMANDEEP Digitally signed by RAMANDEEP KAUR KAUR Date: 2021.07.28 20:08:47 +05'30'
(Ramandeep Kaur) Company Secretary
ICSI Membership No.: F9160
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28/07/2021
TL/2021/012086