Home / Knowledge / News / Apparel/Garments / Trent to raise up to Rs 300 crore by issue of NCDs
Trent to raise up to Rs 300 crore by issue of NCDs
Jun '16
Courtesy: Tata
Courtesy: Tata
Owner of fashion retail chain Westside, Trent has announced that it will be raising funds up to Rs 300 crore by the issue of Non Convertible Debentures (NCDs) on a private placement basis in a company filing with the BSE.

The board of directors have approved the issue of NCDs, and only the approval of shareholders is pending.

The company will also be converting its equity shares, having a face value of Rs 10 per share presently, into equity shares having face value of Rs 1 per share.

Along with 82 Westside stores, the company also operates Star Bazaar stores and Landmark format stores.

Westside is one of the largest and fastest growing retail chains in India. (MCJ)

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

Deepak Jain

We are using Facebook and Instagram to promote ourselves

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search