TRIDENTNSETrident Limited· Textiles & ApparelsHighNeutral
Announced Tue, 19 May, 2026 · 18:13 IST

Trident Limited has informed the Exchange regarding Change in Auditors of the company.

TRIDENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.7%Reaction day
₹24.33
prior close
₹24.10
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-0.7% vs market
Other Textile Products peers, median of 182sector-0.3%-0.4% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.4 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.3
10m
-0.2
15m
+0.1
30m
+0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.7+0.1-0.7-0.3-0.4
Next day
+1.2+0.8+0.4-0.1+1.3
2d
+0.1+0.7-0.6-0.1+0.2
3d
+1.2+1.9-0.7+0.0+1.2
4d
+0.4+2.1-1.7-0.2+0.6
5d
+1.4+2.6-1.2-0.2+1.6
1w
-0.5+1.2-1.7-0.3-0.3
15d
-3.1-0.1-3.0-1.9-1.2
1m
+7.2+7.1+0.1+1.8+5.4
2m
+3.9+8.2-4.2+0.5+3.4
3m
+1.1+10.0-8.9-0.6+1.7
UpDownMarket · Nifty Smallcap 250Sector · Other Textile Products peers, median of 182Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Trident Limited's Board meeting on May 19, 2026 approved several items including audited financial results for Q4 and FY ended March 2026, declaration of 1st interim dividend of INR 0.50 per equity share (50% of face value) for FY 2026-27 with record date May 23, 2026, and re-appointment of Cost Auditors (M/s Ramanath Iyer & Co) and Internal Auditors (M/s Mahajan & Aibara Associates and M/s Deloitte Touche Tohmatsu India LLP). The Board also re-appointed Mr. Deepak Nanda as Managing Director for 3 years from September 2026 to September 2029, approved plans to raise up to INR 500 crore via Non-Convertible Debentures, and decided not to proceed with the earlier proposed domestic wholly owned subsidiary. The 36th AGM is scheduled for July 31, 2026.

Likely market impact

The headline mentions 'Change in Auditors' but the document actually shows re-appointments of Cost and Internal Auditors, not a change. The dividend declaration is positive for shareholders, while the NCD plan indicates future borrowing requirements. No financial numbers from the audited results are included in this filing.