Trident Group’s board has approved the acquisition of Mytrident.com Limited, making it a wholly-owned subsidiary. The move aims to boost brand presence, facilitate brand-building initiatives, and improve marketing. The acquisition, approved on January 06, 2026, is expected to enhance the group’s market position, especially in the U.S. market, with the process expected to be completed within 10 days.
Acquisition Overview
On January 06, 2026, the Board of Directors of Trident Group approved the acquisition of Mytrident.com Limited. This acquisition establishes Mytrident.com Limited as a Domestic Wholly Owned Subsidiary (DWOS) of Trident Group. The purpose behind this acquisition is to strengthen Trident’s brand presence and marketing capabilities.
Strategic Rationale
The acquisition of Mytrident.com Limited enables Trident Group to enhance brand-building initiatives and supports product marketing, particularly in the U.S. market. This move is aimed at mitigating risks, capitalizing on global opportunities, and allowing the company to respond proactively to changing trade environments. The acquisition is valued at INR 1,00,000.
Target Entity Details
Mytrident.com Limited, incorporated on October 08, 2021, is focused on trading, importing, exporting, and marketing various types of goods. It had a paid-up capital of INR 1,00,000 with nil turnover over the last three financial years. The acquisition is treated as a related party transaction.
Terms of Acquisition
Trident Group will acquire 10,000 equity shares at a face value of INR 10 per share, resulting in 100% ownership of Mytrident.com Limited. The completion of acquisition formalities is expected within 10 days.
Source: BSE