Acquisitions19 Mar 2025, 11:35 pm
Trent Ltd Subsidiary, Booker India, to Acquire 100% Equity Share Capital of THPL Support Services Limited for ₹ 166.36 Crore
AI Summary
Booker India Limited, a subsidiary of Trent Ltd, has entered into a Share Purchase Agreement on 19th March 2025 with Trent Hypermarket Private Limited (THPL) and THPL Support Services Limited (TSSL) for the acquisition of 100% of the equity share capital of TSSL. The transaction is at arm's length basis and the cost of acquisition is ₹ 166.36 crore. TSSL is engaged in the business of warehousing and other related services with a turnover of ₹ 42.35 crore as on 31st March 2024.
Key Highlights
- Trent Ltd's subsidiary, Booker India, to acquire 100% equity share capital of THPL Support Services Limited
- Transaction value is ₹ 166.36 crore
- TSSL is engaged in warehousing and related services
- Turnover of TSSL as on 31.03.2024: ₹ 42.35 crore
- The transaction is at arm's length basis