Trident Ltd — Share Issue/Capital Change 2019

May 13, 2019

TRIDENT/CS/2019

May 13, 2019

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The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block BandraKurla Complex, Bandra (E) Mumbai – 400 051	The Manager Listing Department BSE Limited PhirozeJeejeebhoy Towers Dalal Street Mumbai – 400 001
Scrip Code:- TRIDENT	Scrip Code:- 521064

Dear Sir/ Madam,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Split/ Sub-division of Equity Shares

Pursuant to Regulation 30 and Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated 9 September, 2015, this is to inform you that the Board of Directors at its meeting held today i.e. May 13, 2019, has recommended Split/ Sub-division of equity shares of the Company from the existing face value of INR 10/- per equity share to face value of INR 1/- per equity share, which is subject to the approval of the shareholders in the forthcoming 29th Annual General Meeting of the Company and other approvals as may be required. The details in the prescribed format are enclosed as Annexure-I.

This is for your information & records please.

Thanking you

Yours faithfully

For Trident Limited

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(Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

Encl: As above

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ANNEXURE – I

DETAILS OF SPLIT AS REQUIRED UNDER REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015

1. Split/ Sub-division Ratio

1 (One) equity share of face value of INR 10/- each will be split/sub-divided into 10

(Ten) equity shares of face value of INR 1/- each.

2. Rationale behind the split/ Sub-division

In order to improve the liquidity of the Company’s equity shares and to make equity shares more affordable for the small retail investors, the Board of Directors (‘Board’) at its meeting held on May 13, 2019, recommended the split/sub-division of each Equity Share having a face value of INR 10/- each into 10 Equity Share of the face value of INR 1/- each, for shareholders’ approval.

3. Pre and Post Share Capital - Authorized, Paid-up and Subscribed

PRE-SPLIT SHARE CAPITAL

PARTICULARS	(Amount in INR)
AUTHORIZED CAPITAL
15,09,30,00,000 Equity Shares of INR 10/- each	1,50,93,00,00,000
3,10,50,00,000 Preference Shares of INR 10/- each	31,05,00,00,000
TOTAL	1,81,98,00,00,000
PAID-UP AND SUBSCRIBED CAPITAL
50,95,95,567 Equity Shares of INR 10/- each	5,09,59,55,670
Preference Shares	NIL
TOTAL	5,09,59,55,670
POST-SPLIT SHARE CAPITAL
PARTICULARS	(Amount in INR)
AUTHORIZED CAPITAL
1,50,93,00,00,000 Equity Shares of INR 1/- each	1,50,93,00,00,000
31,05,00,00,000 Preference Shares of INR 1/- each	31,05,00,00,000
TOTAL	1,81,98,00,00,000
PAID-UP AND SUBSCRIBED CAPITAL
5,09,59,55,670 Equity Shares of INR 1/- each	5,09,59,55,670
Preference Shares	NIL
TOTAL	5,09,59,55,670

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4. Expected Time of Completion

• 6-7 Months

5. Class of shares which are split/ sub-divided

Equity Shares

6. Number of Shares of each class pre and post split

As detailed in point no 3

1. No. of shareholders who did not get any shares in consolidation and their preconsolidation shareholding

Not Applicable

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