Stock Report

Trident Ltd to acquire Mytrident.com Limited



Posted On : 2026-01-06 22:57:16( TIMEZONE : IST )

Trident Ltd to acquire Mytrident.com Limited

The Board of Directors of Trident Limited ('Company') in its meeting held today i.e. January 06, 2026 has approved the acquisition of MYTRIDENT.COM LIMITED, an unlisted Public Limited Company as Domestic Wholly Owned Subsidiary (DWOS) of the Company. The acquisition shall be subject to completion of regulatory procedures, documentation and other formalities.

The object of Mytrident.com Limited is to do business of trading, importing, exporting, marketing etc. in any manner whatsoever including online trading in and outside India in all type of goods.

The purpose is to acquire Mytrident.com Limited to establish a Domestic Wholly Owned Subsidiary (DWOS) of the Company to enhance brand presence, brand-building initiatives, selling and marketing for Trident products in overseas markets, with a special emphasis on the U.S. market.

The acquisition of the DWOS is a proactive measure to respond to changing trade environments, mitigate risks, and capitalize on emerging opportunities in global markets.

Shares of Trident Limited was last trading in BSE at Rs. 26.62 as compared to the previous close of Rs. 26.95. The total number of shares traded during the day was 459207 in over 3197 trades.

The stock hit an intraday high of Rs. 26.94 and intraday low of 26.55. The net turnover during the day was Rs. 12237854.00.

Source : Equity Bulls

Keywords

Trident INE064C01022 Acquisition