News Orders & Deals Trident Limited Board Approves New Subsidiary Formation and Divestment Under Regulation 30Trident Limited Board Approves New Subsidiary Formation and Divestment Under Regulation 30
Trident Limited announced strategic corporate restructuring through board approval of new subsidiary formation and divestment. The company will incorporate Trident Global Industries Limited as a wholly owned subsidiary for overseas market expansion, especially targeting the U.S. market, while simultaneously divesting its entire stake in MYTRIDENT.COM LIMITED for ₹1,00,000 to Trident Global Corp Limited as a related party transaction.
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Trident Limited announced strategic corporate restructuring initiatives during a board meeting held on February 09, 2026. The board meeting, which commenced at 11:30 A.M. IST and concluded at 03:15 P.M. IST, resulted in the approval of two major corporate decisions that will reshape the company's operational structure, communicated to stock exchanges under Regulation 30 of SEBI (LODR) Regulations.
New Subsidiary Formation for Global Expansion
The board approved the incorporation of a new domestic wholly owned subsidiary (DWOS) named Trident Global Industries Limited (TGIL), subject to approval from the Ministry of Corporate Affairs. This strategic move is designed to enhance brand presence, brand-building initiatives, selling and marketing for Trident products in overseas markets, with particular emphasis on the U.S. market.
| Parameter: | Details |
|---|---|
| Proposed Company Name: | Trident Global Industries Limited (TGIL) |
| Country of Incorporation: | India |
| Industry Focus: | Textile Industry/Trading of Goods and Services |
| Shareholding Structure: | 100% Wholly Owned Subsidiary |
| Consideration Type: | Cash subscription at face value |
| Required Approvals: | Ministry of Corporate Affairs |
Divestment of MYTRIDENT.COM LIMITED
Simultaneously, the board approved the complete disinvestment of Trident Limited's entire stake in MYTRIDENT.COM LIMITED, another domestic wholly owned subsidiary. The divestment was executed through a Definitive Share Purchase Agreement on February 09, 2026, effectively ending MYTRIDENT.COM LIMITED's status as a subsidiary of Trident Limited.
| Transaction Details: | Specifications |
|---|---|
| Divestment Date: | February 09, 2026 |
| Total Consideration: | ₹1,00,000 |
| Share Structure: | 10,000 equity shares at ₹10 per share |
| Buyer: | Trident Global Corp Limited |
| Transaction Type: | Related Party Transaction |
| Valuation Basis: | Fair value on arm's length basis |
| Material Subsidiary Status: | Not a material subsidiary |
Regulatory Compliance and Documentation
The company filed detailed disclosures with National Stock Exchange of India Limited (Scrip Code: TRIDENT) and BSE Limited (Scrip Code: 521064) in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing included comprehensive annexures detailing both transactions as required under SEBI Master Circular guidelines.
| Compliance Aspect: | Details |
|---|---|
| Filing Reference: | TRIDENT/CS/2026 |
| Document Number: | TL/2026/068778 |
| Signatory: | Sushil Sharma, Company Secretary |
| ICSI Membership: | F6535 |
| Digital Signature Date: | February 09, 2026, 15:15:55 +05'30' |
Strategic Rationale and Future Outlook
The board's decisions reflect Trident Limited's strategic focus on international market expansion through dedicated subsidiaries while optimizing its corporate structure by divesting non-material assets. The incorporation of TGIL positions the company for enhanced global operations, particularly targeting the U.S. market for textile products and services. The divestment of MYTRIDENT.COM LIMITED, which had NIL turnover and was acquired during the current financial year, streamlines the corporate structure by removing non-contributing entities.
Both transactions demonstrate the company's commitment to strategic portfolio management, with the new subsidiary formation enabling focused overseas market penetration while the divestment optimizes operational efficiency. The related party nature of the divestment transaction ensures continuity within the promoter group while maintaining arm's length valuation principles.
Historical Stock Returns for Trident
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.47% | -4.45% | +1.43% | -11.14% | -8.98% | +82.36% |
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