Board Meeting19 May 2026, 06:01 pm
Trident Reappoints Deepak Nanda as MD, Declares ₹0.50 Dividend
AI Summary
Trident Ltd's board reappointed Deepak Nanda as Managing Director for three years, effective September 5, 2026, subject to shareholder approval. The board also declared an interim dividend of ₹0.50 per share for FY27, with a record date of May 23, 2026. Additionally, the board approved the reappointment of cost and internal auditors and scheduled the 36th AGM for July 31, 2026. The company will not proceed with incorporating a proposed domestic wholly-owned subsidiary. The board also approved raising funds up to ₹500 Crore through Non-Convertible Debentures.
Key Highlights
- Deepak Nanda reappointed as Managing Director for three years, pending shareholder approval.
- Interim dividend of ₹0.50 per share declared for FY27, record date set as May 23, 2026.
- Ramanath Iyer & Co reappointed as Cost Auditors for FY27.
- Mahajan & Aibara Associates and Deloitte Touche Tohmatsu India LLP reappointed as Internal Auditors.
- Board approves raising up to ₹500 Crore via Non-Convertible Debentures.
Price Impact
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