The company announced that it has surpassed 1,000 large-box fashion stores in its operating portfolio, including 248 Westside outlets and 757 Zudio stores
The said transaction is categorised as a related-party transaction, and has been conducted on an arm’s-length basis, said the company.
Trent also introduced its own lab-grown diamond (LGD) brand 'Pome' at select Westside stores last week, resulting in a 12% increase in stock.
With this appointment, Noel Tata becomes the eleventh chairman of the Sir Dorabji Tata Trust and the sixth chairman of the Sir Ratan Tata Trust.
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