StockWatch
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Speciality Retail
Divestment23 Oct 2026, 07:50 pm

Trent Subsidiary Divests Netria Property Holdings for ₹171.91 Cr

AI Summary

Trent Ltd's wholly owned subsidiary, Nahar Retail Trading Services Private Limited, has entered into a binding term sheet to divest its entire 100% shareholding in Netria Property Holdings Limited to TreBits Investment Trust. The transaction, valued at approximately ₹171.91 crore plus share price adjustments, is subject to the execution of definitive documents and the Trust's initial public offer. Upon completion, Netria will cease to be a subsidiary of Trent. Trent plans to lease back the premises from the Trust. Netria was incorporated on September 4, 2025, making the divestment not applicable to last financial year's turnover or net worth.

Key Highlights

  • Trent subsidiary to divest 100% stake in Netria Property Holdings.
  • Divestment consideration includes ₹171.91 crore loan repayment.
  • Transaction subject to Trust's IPO and definitive agreements.
  • Netria Property Holdings incorporated in September 2025.
  • Trent to lease back premises post-divestment.