Outcome of Board Meeting

TRIDENT/CS/2026 November 02, 2026 National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064 Sub: Outcome of Board meeting held on November 02, 2026 Dear Sir/ Madam, In terms of Regulation 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Board in its meeting held on November 02, 2026 (today) has inter-alia considered and approved: 1. unaudited financial results (standalone & consolidated) of the Company for the quarter and half year ended September 30, 2026, which are enclosed along with the Limited Review Report thereon issued by the Statutory Auditors, M/s S.R. Batliboi & Co. LLP, Chartered Accountants. 2. In principally approved the capacity expansion and modernisation project of INR 4,650 Crores across the business segment(s) of the Company as per following details: a. Capacity addition of 99,840 Spindles at the existing yarn manufacturing facility at Budhni, Madhya Pradesh, along with modernization and replacement of older machinery as 48,000 old Spindles being modernized to 70,176 New Spindles on finer counts and 960 old rotors being replaced with 2,400 new rotors. b. Setting up of a new yarn manufacturing facility at Dhar, Madhya Pradesh, with a capacity of 1,99,680 spindles, for which the Company has already acquired 179.2 acres of leasehold land at a cost of approximately INR 106.09 Crores. c. Expansion of the Company's sheeting business through addition of 336 looms. d. Enhancement of paper manufacturing capacity by 28 TPD e. Setting up of 60 MW Hybrid Renewable Energy Project comprising 60 MW Wind Power and 20 MW Solar Power (AC) to support sustainable operations and improve energy efficiency. Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on corp@tridentindia.com. 02/11/2026 TL/2026/075924 The Board Meeting commenced at 10:30 A.M. IST and concluded at 16:00 P.M. IST. Thanking you Yours faithfully, For Trident Limited (Sushil Sharma) Company Secretary ICSI Membership No. F6535 Encl: as above Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on corp@tridentindia.com. 02/11/2026 TL/2026/075924 S.R. Co. LLP BArL1Bo1 & 67 1 Institutional Area Sector 44 1 Gurugram • 122003 Haryana, India Chartered Accountants Tel: +91124 681 6000 independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Trident Limited I. We have reviewed the accompanying statement of unaudited standalone financial results of Trident Limited (the "Company" including Trident Limited Employee Welfare Trust ("Trust")) for the quarter ended September 30, 2026 and year to date from April 0 I, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above and based on the consideration of the review report of other auditor of the Trust referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The accompanying Statement of unaudited quarterly and year to date standalone financial results includes the financial results/financial information of Trust whose unaudited financial results/financial information reflect total assets of Rs. 1,698.6 million as at September 30, 2026, and total revenues of Rs. Nil and Rs. Nil, total net loss after tax of Rs. 19.0 million and Rs. 7.3 million and total comprehensive loss of Rs. 19.0 million and Rs. 7.3 million for the quarter ended September 30, 2026 and the period ended on that date respectively, and net cash inflow of Rs. 6.9 million for the year to date from April 0 I, 2026, to September 30, 2026, as considered in the Statement which has been reviewed by the auditor of Trust. SR 8,3tl1boi g, Co lLP, a Lun1ted Uab1hty PMtne~hip w11h LLP !df.>r.trt t No. ?AB·4~S4 R~gd O!Tiu: 22. Ca111;1~-Su~,:! lllod, It lrd 1· 1l10r t-..{1l~a1,1-~0111111, S.R. Co. LLP BATLIBOI & Chartered Accountants The unaudited financial results/financial information of Trust have been prepared in accordance with Indian GAAP (accounting principles generally accepted in lndia applicable to the Trust) and have been reviewed by other auditor in accordance with auditing standards generally accepted in lndia. The Company's management has converted the unaudited financial results/financial information of the Trust from Indian GAAP to Ind AS for the purposes of consolidation. We have reviewed these conversion adjustments made by the Company's management. The report of such auditor on unaudited financial results/financial information of Trust has been furnished to us by the management, and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of Trust is based solely on the repott of such auditor and our review of the conversion adjustments as referred above. Our conclusion on the Statement is not modified in respect of the above matter. For [Showing first 8,000 characters — download PDF for full document]