TRENT : NAHAR TO DIVEST NETRIA WITH RS 171.91 CR LOAN REPAYMENT

• Nahar Retail Trading Services, a wholly owned subsidiary of Trent, signed a binding term sheet dated 22 Oct 2026 with TreBits Investment Trust for divestment of 100% of Netria Property Holdings • Netria is a wholly owned subsidiary of Nahar; upon completion it will cease to be a subsidiary of Nahar and Trent • Consideration is ₹11.25 per equity share, subject to net working capital adjustments, plus repayment of outstanding loans of ~₹171.91 Cr and accrued interest • Buyer is TreBits Investment Trust, a SEBI-registered SM REIT, acting for its proposed first scheme through TreBits Investment Management; IDBI Trusteeship is trustee • Completion is subject to definitive transaction documents, completion of the proposed first scheme and conditions precedent • Trent proposes to continue occupying premises owned by Netria via lease arrangements with the Trust

Trent Limited

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