TRIDENTNSETrident Limited· Textile ProductsHighNeutral
Announced Tue, 19 May · 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.

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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.