TRENT: TO SELL 100% STAKE IN NETRIA PROPERTY HOLDINGS FOR ₹112.25 CR

• Stake Sale: Trent's wholly owned subsidiary, Trent Retail India, entered into a binding agreement to sell its entire stake in Netria Property Holdings • Deal Value: Total consideration of ₹112.25 Cr, subject to adjustments at closing • Asset Value: Transaction includes approximately ₹17.91 Cr of net working capital and cash adjustments • Buyer: Trust structure involving Trust Investment Management Private Limited and IDBI Trusteeship Services Limited • Business Operations: Trent will continue occupying the premises owned by Netria under separate lease arrangements • Transaction Timeline: Completion subject to fulfilment of conditions and execution of definitive transaction documents • Related Party: Transaction is not classified as a related-party transaction Impact: Neutral to Positive (Asset monetisation could unlock cash while preserving operational continuity through lease arrangements. Overall financial impact depends on the final transaction terms.)

TRENT LTD

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