TRENTNSETrent Limited· MiscellaneousMediumNeutral
Announced Wed, 22 Apr · 16:28 IST

Trent Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

TRENT · price

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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹2940.10
prior close
₹2960.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.9-1.9-2.7-3.5-3.3-4.2-5.9-6.0-7.0-2.4+6.8-2.2
Up moveDown movePending
AI summary

Trent Limited's board, at its meeting on April 22, 2026, approved audited standalone and consolidated results for FY26. Standalone revenue from operations rose to Rs. 19,701.41 Cr (from Rs. 16,668.11 Cr in FY25) and net profit grew to Rs. 1,967.82 Cr (from Rs. 1,584.84 Cr), with EPS at Rs. 55.36. Consolidated revenue stood at Rs. 20,074.21 Cr with net profit of Rs. 1,721.33 Cr. The board recommended a 600% dividend (Rs. 6 per share) and a bonus issue in the ratio of 1:2 (one bonus share for every two held), subject to shareholder approval. It also approved enabling approval to raise up to Rs. 2,500 Cr via rights issue or other modes, a new ESOP 2026 plan covering 8,88,700 shares, and reclassification of authorised share capital. On the board front, Mr. Bahram Vakil was appointed as Additional Director (Non-Executive, Non-Independent) effective April 23, 2026, and independent directors Mr. Ravneet Singh Gill and Ms. Hema Ravichandar were re-appointed for a second five-year term from December 29, 2026 to December 28, 2031.

Likely market impact

Strong FY26 earnings, a generous dividend, and a bonus issue are positive for shareholders, though the bonus will proportionately reduce the per-share dividend. The proposed Rs. 2,500 Cr fund raise signals growth plans but could lead to dilution. Director re-appointments bring continuity, while the new addition may strengthen the board's promoter-side representation.