TRIDENTNSETrident Limited· Textile ProductsHighPositive
Announced Tue, 19 May · 18:24 IST

Trident Limited has informed the Exchange that Record date for the purpose of Dividend is 23-May-2026.

Corporate Actions View source PDF

TRIDENT · price

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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹24.33
prior close
₹24.10
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-0.2+0.1+0.1+1.2+0.1+1.2+0.4+1.4-0.5-3.1+7.2+3.9
Up moveDown movePending
AI summary

Trident Limited's Board has declared a 1st Interim Dividend of INR 0.50 per fully paid equity share (50% on INR 1 face value) for FY 2026-27. The record date for dividend is May 23, 2026. The company also announced audited Q4 and full year results for FY ended March 2026, reporting standalone net profit of INR 3,760.6 million for FY26 vs INR 3,668.3 million in FY25, with Q4 standalone net profit of INR 1,020.4 million. The board also approved raising funds up to INR 500 crore via Non-Convertible Debentures and fixed the 36th AGM for July 31, 2026. The company decided not to proceed with the previously announced wholly-owned subsidiary incorporation.

Likely market impact

The interim dividend declaration and consistent profit growth are positive for shareholders. The planned NCD issuance of up to INR 500 crore may have slight dilutive impact on future earnings per share.