Held on 28 June 2016
Trent announced that the Board of Directors of the Company at its meeting held on 28 June 2016 have approved the sub-division of equity shares of the Company having a face value of Rs. 10 per share into equity shares having a face value of Rs. 1(one) each. The sub-division of equity shares is subject to approval of shareholders and statutory approvals.Further, the Board also approved an enabling resolution for raising of funds by issue of Non- Convertible Debentures (NCDs) on a private placement basis upto an amount not exceeding Rs. 300/- crore. The issue of NCDs is also subject to the approval of shareholders.
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