Trent Limited has informed stock exchanges about a trading plan filed by one of its designated persons under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company disclosed this information through a regulatory filing dated December 10, 2025.

Trading Plan Details

Rajnikant A. Shah, who serves as Strategic Properties-Advisor at Trent Limited, has submitted a trading plan for the sale of equity shares. The plan received approval from the company's Compliance Officer on December 10, 2025, in accordance with the applicable provisions of SEBI PIT Regulations and the Tata Code of Conduct for Prohibition of Insider Trading adopted by the company.

Regulatory Compliance Framework

The trading plan includes several mandatory undertakings to ensure compliance with insider trading regulations. Shah has committed to observing a cool-off period of 120 calendar days as prescribed under Regulation 5(2)(i) of the SEBI regulations. Additionally, he has undertaken not to trade in Trent Limited securities for market abuse purposes.

The plan is irrevocable once approved and mandatorily requires implementation of the contemplated trades. The designated person cannot deviate from the trading plan or execute any trades in company securities outside its scope, except as provided in the SEBI regulations.

Implementation Conditions

The trading plan includes specific conditions for execution. Shah will only execute trades if any unpublished price sensitive information in his possession at the time of plan formulation becomes generally available when implementation begins. The trades may be executed in one or more tranches during the specified period.

The filing demonstrates Trent Limited's adherence to corporate governance standards and transparency requirements under Indian securities regulations. Company Secretary and Compliance Officer Krupa Anandpara signed the disclosure, ensuring proper documentation and regulatory compliance.

Corporate Governance Adherence

This disclosure reflects the company's commitment to maintaining high standards of corporate governance and regulatory compliance. The systematic approach to insider trading prevention through formal trading plans helps protect market integrity while allowing legitimate transactions by designated persons.

The trading plan mechanism provides a structured framework for insiders to trade in company securities while ensuring transparency and preventing potential misuse of unpublished price sensitive information.

Trent Limited , a prominent player in the Indian retail sector, has announced a significant corporate action involving its associate company, Inditex Trent Retail India Private Limited (ITRIPL). The company has sold 94,900 equity shares of ITRIPL through a buyback offer, resulting in a reduction of its shareholding to 20%.

Transaction Details

The buyback transaction, which was completed on November 21, 2025, saw Trent Limited selling its shares at a price of Rs 15,421.85 per share. This resulted in a total consideration of Rs 146.35 crore for the company. The details of the transaction are as follows:

Impact on Financials

To understand the significance of this transaction, it's important to consider ITRIPL's contribution to Trent Limited's financials in the previous fiscal year:

It's worth noting that the consolidated income reported by Trent Limited does not include the share of income from ITRIPL, as it is accounted for using the equity method applicable for associate entities.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The buyback offer was initially announced on November 7, 2025, and the transaction has now been completed as per the regulatory requirements.

Market Implications

This move by Trent Limited to reduce its stake in ITRIPL could be seen as a strategic decision to realign its investment portfolio. While the company will continue to maintain a significant stake in ITRIPL, the buyback provides Trent with additional liquidity.

Investors and market analysts may be watching closely to see how Trent Limited utilizes the proceeds from this transaction and whether this signals any shift in the company's long-term strategy regarding its associate companies.

As the retail sector continues to evolve, particularly in the wake of changing consumer behaviors, such corporate actions may become more common as companies seek to optimize their operational structures and investment holdings.