Trident Limited (TRIDENT) on Tuesday announced that its board has approved an investment of up to ₹250 crore in Trident Global Corp Limited (TGCL), a public limited company. The investment will be made in one or more tranches, subject to necessary regulatory approvals. The strategic move is aimed at giving Trident immediate entry into the domestic brand market, leveraging TGCL’s established presence across e-commerce, retail, and premium product categories such as towels, bed sheets, and home solutions. TGCL currently has a footprint in over 6,000 retail outlets nationwide and enjoys strong brand recall both in India and internationally. According to the company, the investment will help utilize existing manufacturing capabilities, enhance brand equity, and position Trident as a multi-category home solutions provider. The Board has delegated oversight of the investment to the Financial Management Committee. As part of the transaction, Trident’s associate company has already acquired a 30.42% stake, representing 2,23,21,428 equity shares in TGCL. TGCL, incorporated in 2011, has steadily grown its turnover from ₹349 crore in FY23 to ₹481 crore in FY25. #Trident #TGCL #InvestmentNews #HomeSolutions #StockMarket #CorporateNews #DomesticBrands #Ecommerce #RetailExpansion #BusinessUpdate

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