Trent Limited Board Approves Up to Rs 500 Crore in Unsecured Debentures
Trent Limited announced on March 26, 2026, that its Board of Directors has approved a proposal to issue unsecured, redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The total amount approved is up to Rs 500 crore, staying within the company’s borrowing limits as stipulated by the Companies Act 2013.The Board authorized the Borrowing and Investment Committee to finalize the terms of issuance and allotment of the NCDs. Specific details related to the issuance, as required by the Securities and Exchange Board of India (SEBI) Listing Regulations, will be provided upon the NCDs’ issuance and allotment.
The Board meeting was held on March 26, 2026, commencing at 2:00 p.m. and concluding at 6:45 p.m. Krupa Anandpara, Company Secretary, confirmed the outcome.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.