
Investment26 Mar 2026, 07:04 pm
Trent Ltd Approves Issuance of up to Rs 500 Crore Non-Convertible Debentures
AI Summary
Trent Ltd, in a Board Meeting held on 26th March 2026, approved the proposal for issuance of unsecured, redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The total amount of these NCDs will not exceed Rs 500 crore, staying within the company's permissible borrowing limits under Section 180 of the Companies Act 2013. The Borrowing and Investment Committee has been authorized to finalize the terms of issuance and allotment of these NCDs. The details as required under Schedule III of the SEBI Listing Regulations and SEBI Master Circular dated 30th January 2026 will be provided upon issuance and allotment of these NCDs. The meeting started at 2:00 p.m. and concluded at 6:45 p.m.
Key Highlights
- Trent Ltd approves issuance of up to Rs 500 crore Non-Convertible Debentures
- NCDs to be issued on a private placement basis
- Issuance within permissible borrowing limits under Section 180 of the Companies Act 2013
- Borrowing and Investment Committee authorized for finalization of terms
- Details as per SEBI Listing Regulations and SEBI Master Circular to be provided upon issuance and allotment