Trident’s arm acquires entire shareholdings in Trident Global Inc., Trident Europe (UK)

24 Jan 2025 Evaluate

Trident’s overseas wholly-owned Subsidiary -- Trident Group Enterprises Pte. (Singapore) has acquired entire shareholding in Trident Global Inc. (USA), the overseas subsidiary of the Company from Trident and other entities. Trident Group Enterprises Pte. has acquired 24,500 ordinary equity shares at the total consideration of $6,52,190.

Trident Group Enterprises Pte. (Singapore) has also acquired entire shareholding in Trident Europe (UK), the overseas Wholly-Owned Subsidiary of the Company from Trident. Trident Group Enterprises Pte. has acquired 2,13,000 ordinary equity shares at the total consideration of GBP 3,45,060.

Subsequent to abovesaid acquisitions, Trident Global Inc., USA and Trident Europe, UK have become wholly-owned subsidiaries of Trident Group Enterprises Pte and step-down wholly owned subsidiaries of Trident. In this regard, Trident Group Enterprises Pte. has entered into and executed definitive agreements on January 23, 2025. 

Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.

Trident Share Price

27.84 -0.37 (-1.31%)
21-Feb-2025 16:59 View Price Chart
Peers
Company Name CMP
Trident 27.84
Filatex India 42.55
Nahar Spinning Mills 205.80
Sanathan Textiles 321.40
Nitin Spinners 322.50
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