Trent’s subsidiary incorporates new wholly owned subsidiary

Netria Property Holdings has been established with the primary objective of investing and deploying the company’s funds, along with any borrowed capital, in the acquisition, purchase, development, construction, leasing, sale, or other dealings related to real estate properties. The authorised share capital of Netria Property Holdings is Rs 5 lakh, divided into 50,000 equity shares of Rs 10 each. The paid-up share capital stands at Rs 1 lakh, comprising 10,000 equity shares of Rs 10 each. As a wholly owned subsidiary of Nahar Retail Trading Services—which itself is a wholly owned subsidiary of Trent, Netria Property Holdings is considered a related party of the company. However, the initial subscription to the share capital of Netria Property Holdings does not fall within the scope of related party transactions as per applicable regulations. Nahar Retail Trading Services holds 100% ownership of Netria Property Holdings. Trent is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include Westside, one of India's leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Star, which operates in the competitive food, grocery and daily needs segment. Trent has reported 9.45% increase in consolidated net profit to Rs 429.69 crore in Q1 FY26 as against Rs 392.57 crore posted in Q1 FY25. Revenue from operations jumped 18.98% YoY to Rs 4,883.48 crore in the quarter ended 30 June 2025. The counter rose 0.18% to Rs 5,535.05 on the BSE.