Trident to acquire MyTrident, set to add new wholly owned subsidiaryTrident to acquire MyTrident, set to add new wholly owned subsidiary

Introduction

Leading Indian textile and manufacturing firm acquires MyTrident.com Limited as a wholly owned subsidiary. The acquisition aims to strengthen brand presence, marketing initiatives, and expand business in overseas, especially U.S., markets.

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Share price movement of Trident

On January 7, 2026, Trident Limited opened at ₹26.55, down 0.28% from its previous close of ₹26.62. The stock reached a high of ₹26.69 (0.26%) and a low of ₹26.17 (-1.69%). By 12:37 PM, it traded at ₹26.23, down 1.47%, with a market cap of ₹13,366.69 crore.

Trident Acquires MyTrident.com as DWOS

Trident Limited approved the acquisition of MyTrident.com Limited as a Domestic Wholly Owned Subsidiary (DWOS). The acquisition is subject to regulatory approvals, documentation, and completion of formalities within 10 days.

The target company, MyTrident.com Limited, has authorized capital of ₹15 lakh and paid-up capital of ₹1 lakh. Turnover for the past three years was nil. It operates in trading and marketing.

The acquisition involves 10,000 equity shares at face value of ₹10 each for cash consideration. Trident will acquire 100% control. The DWOS aims to enhance brand presence, marketing, and U.S. market expansion.

Stock performance of Trident for Period of 1 week, 6 months, and 1 year

Trident Limited delivered a -0.37% return over the past week. It declined by 16.0% in the past six months and fell 19.2% over the past year.

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Shareholding pattern of Trident

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	73.70%	73.70%	73.70%
FII	3.10%	3.00%	3.00%
DII	0.20%	0.10%	0.10%
Public	23.10%	23%	22.90%
Others	0.00%	0.00%	0.30%

About Trident

Trident Limited (NSE: TRIDENT), incorporated in 1990, manufactures and trades yarn, terry towels, bed sheets, paper, and chemicals. It leads in home textiles, wheat straw-based paper, and sulphuric acid production in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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