Trent Limited has informed the Exchange regarding Notice of Seventy Third Annual General Meeting to be held on July 03, 2025
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Trent Limited has issued the notice for its 73rd Annual General Meeting, scheduled for Thursday, July 3, 2025, at 3:30 PM IST via video conferencing. Ordinary business includes adoption of FY25 audited standalone and consolidated financial statements, declaration of a dividend of ₹5 per equity share (face value ₹1), and re-appointment of Mr. Harish Bhat as a Director retiring by rotation. Special business covers the re-appointment of Mr. Jayesh Merchant as an Independent Director for a second term (Aug 7, 2025 to Aug 6, 2030), appointment of M/s. Parikh & Associates as Secretarial Auditors for 5 years (Apr 1, 2025 to Mar 31, 2030), and approval of material related party transactions with Trent Hypermarket Pvt Ltd (THPL, the 50:50 JV with Tesco UK that runs the Star banner) up to ₹2,000 Crore for FY26, which is 11.67% of Trent's consolidated turnover. The record date for dividend entitlement is June 12, 2025, with payment to be made on or after July 7, 2025, subject to shareholder approval. E-voting window runs from June 30 to July 2, 2025, with a cut-off date of June 26, 2025.
Investors holding Trent shares by the June 12, 2025 record date will be eligible for the ₹5/share dividend, with payment expected from July 7, 2025 onward. The ₹2,000 Crore RPT ceiling with THPL is materially larger than the ₹1,133.55 Crore transacted in FY25 and underpins continued Zudio merchandise distribution through Star stores, but requires shareholder approval as it crosses the materiality threshold.