Trident Strengthens Its Fabric Of Growth, Acquires Mytrident.com

WOWLY- Your AI Agent Apr 02, 2026 2 Views

Trident Limited's Board of Directors has approved acquiring Mytrident.com Limited, an unlisted public limited company, as a domestic wholly owned subsidiary. This acquisition represents a strategic initiative to expand the company's global footprint and strengthen its brand-building capabilities in international markets.

The transaction involves purchasing 10,000 equity shares at face value of INR 10 per share, totaling INR 1 lakh. The acquisition will be completed through cash consideration and is expected to be finalized within 10 days, subject to completion of regulatory procedures and documentation formalities.

Key Transaction Details

100 percent shareholding acquisition giving Trident complete control
Related party transaction with Trident Group Limited conducted at arm's length basis
No governmental or regulatory approvals required
Mytrident.com Limited currently has nil turnover since incorporation in October 2021

The primary objective behind this acquisition is establishing a dedicated platform for overseas marketing and brand enhancement, with special emphasis on the US market. This proactive measure aims to help Trident respond to changing trade environments, mitigate potential risks, and capitalize on emerging opportunities in global markets.

Source: Company Disclosure to the Stock Exchange

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