Trident Limited has successfully completed its acquisition of MYTRIDENT.COM LIMITED, transforming the unlisted public limited company into its domestic wholly owned subsidiary (DWOS) effective January 08, 2026. The completion follows the board of directors' approval granted on January 06, 2026.

Acquisition Timeline and Structure

The acquisition process moved swiftly from board approval to completion within two business days. The equity shares of MYTRIDENT.COM LIMITED were formally transferred to Trident Limited on January 08, 2026, marking the official completion of the transaction.

Regulatory Compliance

Trident Limited has ensured full compliance with regulatory requirements under the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company submitted the required disclosure under Regulation 30 read with Schedule III and other applicable provisions of SEBI (LODR) Regulations.

The detailed disclosure requirements under Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, were fulfilled through the company's earlier intimation dated January 06, 2026.

Corporate Structure Enhancement

With this acquisition, MYTRIDENT.COM LIMITED becomes a domestic wholly owned subsidiary of Trident Limited, potentially strengthening the company's digital presence and operational capabilities. The transaction represents Trident's strategic expansion through subsidiary acquisition, adding to its corporate structure.

The acquisition documentation was signed by Company Secretary Sushil Sharma (ICSI Membership No. F6535), ensuring proper corporate governance protocols were followed throughout the process.

Trident Limited has confirmed that its board of directors has approved the acquisition of MyTrident.com Limited as a domestic wholly owned subsidiary. The board meeting, held from 17:30 IST to 18:00 IST, marked a strategic expansion move for the textile company to strengthen its global market presence.

Acquisition Details

The acquisition involves purchasing the entire stake of MyTrident.com Limited from Trident Group Limited, a promoter group company, making it a related party transaction conducted at arm's length. The deal structure and financial parameters are outlined below:

Target Company Profile

MyTrident.com Limited, incorporated on October 08, 2021, is an unlisted public limited company with specific business objectives focused on trading and marketing activities. The company's financial structure reflects its early-stage status:

The target entity's primary business object encompasses trading, importing, exporting, and marketing activities, including online trading both within and outside India across all types of goods. Since its incorporation, the company has maintained nil turnover across multiple financial years.

Strategic Objectives

The acquisition serves multiple strategic purposes aligned with Trident's expansion plans. The primary objective involves establishing a domestic wholly owned subsidiary to enhance brand presence and implement comprehensive brand-building initiatives. The subsidiary will focus on selling and marketing Trident products in overseas markets, with particular emphasis on penetrating the US market.

This acquisition represents a proactive measure designed to respond effectively to changing trade environments while mitigating associated risks. The move also positions Trident to capitalize on emerging opportunities in global markets, strengthening its international footprint through dedicated marketing and distribution channels.

Regulatory and Compliance Aspects

The transaction requires no governmental or regulatory approvals, streamlining the acquisition process. The deal falls under the purview of related party transactions as defined by SEBI regulations, given the existing relationship between Trident Limited and the selling entity, Trident Group Limited.

The acquisition formalities are expected to be completed within 10 days, subject to completion of regulatory procedures, documentation, and other standard formalities. This timeline reflects the straightforward nature of the domestic acquisition and the existing corporate relationships between the parties involved.