Trident wins Gold Trophy for highest global exports at TEXPROCIL awards

1 min read     Updated on 28 May 2026, 08:38 AM
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Suketu GScanX News Team
AI Summary

Trident Limited received the Gold Trophy for Highest Global Exports at the TEXPROCIL Export Awards 2023–24 in Mumbai. The award was presented by Finance Minister Nirmala Sitharaman, recognizing the company's export performance. Trident operates in Textile, Paper, and Chemical segments.

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Trident Limited has been awarded the Gold Trophy in the category of Highest Global Exports by The Cotton Textiles Export Promotion Council (TEXPROCIL). The recognition was presented at the TEXPROCIL Export Awards 2023–24, held on May 25, 2026, in Mumbai. This award underscores the company's export performance and its established position in the global textile industry.

The award ceremony was graced by Smt. Nirmala Sitharaman, the Hon’ble Union Minister of Finance & Corporate Affairs. TEXPROCIL, established in 1954 by the Government of India, is an autonomous, nonprofit body dedicated to promoting exports and serves as the international face of Indian cotton textiles. The council has a membership of approximately 2,000 companies across major textile clusters in India.

Trident Limited is the flagship company of Trident Group, a global business conglomerate. Headquartered in Ludhiana, Punjab, the company operates as a vertically integrated manufacturer across three primary segments: Textile (Yarn, Bath & Bed Linen), Paper (Wheat Straw-based), and Chemical. Its manufacturing facilities are located in Punjab and Madhya Pradesh.

The company supplies national, captive, and retailer-owned brands and is recognized as one of the largest players in home textiles in India. Trident’s businesses have received global recognition for product quality, social responsibility, and environmental stewardship, earning awards from customers, vendors, and government entities.

Award Detail Information
Award Name Gold Trophy in the category of Highest Global Exports
Presenting Body The Cotton Textiles Export Promotion Council (TEXPROCIL)
Event TEXPROCIL Export Awards 2023–24
Date May 25, 2026
Location Mumbai

Historical Stock Returns for Trident

1 Day5 Days1 Month6 Months1 Year5 Years
-0.70%-2.11%-7.01%-14.12%-21.72%+50.00%

How will this recognition influence Trident's strategy for expanding into new international markets?

What impact will this award have on Trident's negotiations with global retailers and brands?

Can we expect Trident to increase its export capacity following this achievement?

Trident CFO Avneesh Barua resigns effective May 29

1 min read     Updated on 26 May 2026, 06:14 AM
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Anirudha BScanX News Team
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Trident Limited CFO Avneesh Barua resigned due to personal reasons, effective May 29, 2026. The company disclosed the change under Regulation 30 of SEBI regulations. Trident will inform exchanges about the new CFO appointment later.

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Trident Limited announced that its Chief Financial Officer (CFO), Mr. Avneesh Barua, has tendered his resignation from the position. The resignation is attributed to personal reasons stated in his resignation letter. Consequently, his last working day with the organization will be May 29, 2026. The company has acknowledged the communication and noted that the relieving formalities will be completed accordingly.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Barua served as a Key Managerial Personnel and Senior Management Personnel during his tenure. The company provided specific details regarding the change in its leadership structure in a filing submitted to the exchanges.

Details of Resignation

The following table outlines the key particulars of the resignation as per the regulatory filing:

Sr. No. Particulars Details
1 Reason for change Mr. Avneesh Barua, Chief Financial Officer (Key Managerial Personnel & Senior Management Personnel) has tendered resignation from his position due to reasons stated in resignation letter attached herewith.
2 Date of cessation His last working day in the Company will be May 29, 2026.
3 Brief profile Not Applicable
4 Disclosure of relationships Not Applicable

Future Appointment

Trident Limited confirmed that it will make the necessary intimation to the stock exchanges regarding the appointment of a new Chief Financial Officer. This announcement will be made in accordance with applicable regulatory requirements to ensure compliance with listing obligations.

Historical Stock Returns for Trident

1 Day5 Days1 Month6 Months1 Year5 Years
-0.70%-2.11%-7.01%-14.12%-21.72%+50.00%

Who will Trident Limited appoint as the new CFO to replace Mr. Avneesh Barua?

How will the extended notice period until May 2026 impact the company's strategic financial planning?

What potential market reactions should investors expect regarding the leadership transition?

More News on Trident

1 Year Returns:-21.72%