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Trident Ltd Board to consider FY19 results, Final Dividend & Sub-division of Equity Shares

Posted On: 2019-04-24 14:50:44

A Board Meeting of Trident Ltd will be held on May 13, 2019, to consider and approve the Standalone and Consolidated Audited Financial Results of the Company for the Quarter and Financial Year ended on March 31, 2019.

The board will consider and recommend final dividend, if any, on the Equity Shares of the Company for the Financial Year ended on March 31, 2019.

The Board shall also consider the following matters to obtain the approval for enabling resolution at the ensuing Annual General Meeting of the Company for the following proposals:

- Raising of funds by issue of equity shares and/or Foreign Currency Convertible Bonds through Qualified Institutions Placement and/ or preferential issue, as may be permitted, by way of a public or private offering, or any combination thereof, or any other method as may be permitted under applicable law, subject to such regulatory/ statutory approvals, as may be required.

- Raising of funds by non convertible debt instruments along with warrants, convertible securities other than warrants or foreign currency convertible bonds and / or such other securities including Non-Convertible Debentures as may be permitted, by way of a public or private offering, or any combination thereof, or any other method as may be permitted under applicable law, subject to such regulatory/ statutory approvals, as may be required.

The board will consider and recommend sub-division/split of Company's equity share having face value of INR 10/- each.

Shares of TRIDENT LTD. was last trading in BSE at Rs.66.3 as compared to the previous close of Rs. 65.3. The total number of shares traded during the day was 132266 in over 877 trades.

The stock hit an intraday high of Rs. 66.6 and intraday low of 65. The net turnover during the day was Rs. 8754884.


Source: Equity Bulls

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