Trent Limited’s board has approved tendering 94,900 equity shares held by the company in Inditex Trent Retail India Private Limited (ITRIPL) for a buyback offer. The buyback offer, dated November 5, 2025, is for shares with a face value of ₹1000 each, priced at ₹15,421.85 per share. ITRIPL is an associate company with Trent holding a 34.94% shareholding.
ITRIPL Buyback Offer
Trent Limited has announced that it has received a Letter of Offer dated November 5, 2025, concerning a buyback offer from Inditex Trent Retail India Private Limited (“ITRIPL”). Trent holds a 34.94% shareholding in ITRIPL.
Details of the Buyback
The buyback involves 94,900 Equity Shares, each with a face value of ₹1000. The offer price is ₹15,421.85 per Equity Share. This will be executed through a “tender offer” route, in compliance with the Companies Act, 2013 and associated rules.
Board Approval and Acceptance
The Board of Directors of Trent Limited met on November 7, 2025, and approved tendering the 94,900 Equity Shares held by the company in ITRIPL. The buyback is subject to acceptance by ITRIPL. The board meeting commenced at 10:00 a.m. and concluded at 4:30 p.m.
Source: BSE
