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Trident Ltd. Company History and Annual Growth Details

Abhishek Industries Limited was incorporated on april 18 1990
in the state of Punjab. In 1992, the company started implemeting
its yarn spinning project in joint sector with PSIDC to set up facilities
for manufacturing cotton yarn with an installed capacity of 24,960
spindles. Subsequently, the capacity was enhanced to 32,400
spindles. In the year 1998, PSIDC and the company decided to
set up another unit of 43,392 spindles at a capital outlay of Rs. 9500
lacs out of which 36,288 spindles started commercial production
from July 01, 1999.

Abhishek Spinfab Corporation Limited, having facilities for
processing of 4767 tpa of cotton yarn and manufacture of 3032 tpa
of terry towel products was amalgamated with the company vide
High Court order dated May 13, 1999. Further, the company has
expanded the terry towel capacity of Terry Towel Division from 3032
tpa to 7500 tpa during the year 2001 at a capital outlay of Rs. 6030 lacs.

Varinder Agro Chemicals Limited having facilities of producing
34,250 MTs of Paper and 1,00,000 MTs of Sulphuric Acid was
amalgamated with the company vide High court order dated
January 03, 2002.

At present the company is operating in four main business
segments viz. Yarns, Terry Towels, Paper and Chemicals and is having
facilities for manufacture of yarn (76,560 spindles), processing of yarn
(4767 tpa), manufacture of terry towels (100 looms), writing & printing
paper (34250 tpa) and sulphuric acid (1,00,000 tpa) besides operating
in Co-generation of Power and Soda Recovery.

To be globally competitive, the company has taken initiatives to
expand and optimize its existing capacities. The Company has
undertaken an expansion project to increase the capacity of terry
towel by 12,300 tpa with instalation of another 100 Looms for production
of Dobby & Jacquard towels along with the requisite preparatory,
dyeing etc. at a capital outlay of Rs. 225 crores. The project shall be
completed by March 31, 2004

The company is presently exporting its products to over 34 countries
across 5 continents. The export turnover amounts to about 50% of the
total sales of the Company.

The company is one of the largest manufacturers of Terry Towels in
India and has recently been awarded the prestigious "International
supplier of the year - 2001" Award by Wal Mart, the No. 1 Corporation in
the World.

2002

-High court of Punjab and Haryana approved the merger of M/s Varinder Agro Chemicals Ltd.

-Appoints Mrs Madhu Gupta as the Managing Director of the company.

-Nominates Mr Pawan Jain as the Company Secretary and Compliance Officer.

-PSIDC withdraws the nomination of Mr R K Bhandari on the Board of the company.

2003

-Appoints Mr Rajiv Dewan as the Additional Director of the company.

-Ties up with Apollo Health and Lifestyle Ltd to implement and operate "The Apollo Clinic".

-Incorporates a 100% wholly owned subsidiary 'Abhishek Industries Inc' in USA and invests USD 25000 against subscription of 25000 shares of USD 1 each.

-Board approves for the following:
Delisting of equity shares from Ahmedabad, Delhi, Ludiana Stock Exchanges.
Increase in Authorised capital to Rs.3000 million.
Increase in Borrowings power of BOD upto Rs.10000 million.
Creation of charge on term loans.

-Mrs Madhu Gupta resigns as the Director on the Board of the company.

-The shareholders have approved reclassification of Authorised Share Capital of the company to be divided into equity shares of Rs 2500 million and preference shares of Rs 500 million aggregating to Rs 3000 million.

2004

-Abhishek Industries Limited has informed that pursuant to the application of delistment filed by the Company, The Delhi Stock Exchange Association Limited has approved the delisting of the equity shares of the Company wef January 23, 2004.

-Abhishek Industries Ltd has received the prestigious 'Supplier of the Year 2003' Award from Wal Mart, USA.

2005

-Company has commenced commercial production of open end yarn project having production capacity of 16 TPD

-Abhishek Industries Ltd has informed that the Company has commenced commercial production on 60 Air Jet looms under phase II of expansion project of Terry Towel unit

-Abhishek Industries awarded 'ICWAI Good Performance Award, 2005'

2006

-Company has commenced commercial production on a part of its Yarn Spinning Expansion Project

-Abhishek Industries - Awarded Wal*Mart International Supplier of the Year 2005 award

-Abhishek Industries - Texprocil Award for Outstanding Export Performance 2005-2006

-Abhishek Industries awarded CITI Birla Award for Quality Management 2005-06

-Abhishek Industries wins National Award for Excellence in Corporate Governance, 2006

2007

-Company has been conferred with "2006 Supplier of the Year Award" by JCPenny Corporation, USA.

-Abhishek Industries - SAP Award for Customer Excellence - 2007

-"Abhishek Industries Limited has been conferred with "Best Exporter Award" in the North region by CONCOR (Containerized Corporation of India) working under Ministry of Railways".

2008

-Trident enters lifestyle retail in India.

-Abhishek Industries (Now Trident Limited) has been awarded the Silver Trophy for the year 2007

-Trident Limited bags the IKEA Best Supplier Quality Award (TASA) FOR 2008-09

2009

-Abhishek Industries Ltd Launches Branded Copier Paper - Spectra, My Choice

-Abhishek Industries Wins "Best Supplier Quality Award from IKEA"

2010

-"Abhishek Industries commissions Terry Towel expansion project".

-"Abhishek Industries bags Texprocil Gold Trophy"

- (AIL) launched its new copier paper 'LOTUS' in the premium segment in New Delhi

-Abshek Inds - Wins " 'Sustainability Award from IKEA"

2011

-Change of the name of Company from Abhishek Industries Ltd to Trident Ltd.

-Company has been awarded the most prestigious "JC Penny-Innovation Award 2010."

-Company has been awarded the Bronze Award in Conglomerates Category at the 2011 Spotlight Awards hosted by "League of American Communications Professionals.

-Abshek Inds - TEXPROCIL Award for Outstanding Export Performance 2010-2011

2012

-Abshek Inds - Entered into an Agreement with HT Media Limited (HT)

-Abshek Inds - Winner of 'Special Commendation" for the Golden Peacock Environment Management Award - 2012

-"Trident conferred with "CITI Birla Award for Human Resource Management in Textile Mills".

-"Trident conferred with "Best Terry Towel Exporter Award and Best Global Exporter by
TEXPROCIL""

2013

-Mr. Rajinder Gupta appointed as Chairperson FICCI Punjab, Haryana, Himachal Pradesh and Chandigarh Advisory Council

-Trident Ltd. - Trident on path of becoming one of the Largest Integrated Home Textile Manufacturing Facilities in the World

-Trident Ltd. - Trident Limited partners with Accenture for upgrading to SAP ECC 6

2014

-Trident Ltd. - Trident Paper honoured with National Energy Conservation Award - 2014 (NECA) organized by BEE

-The Company has approved the Scheme of Amalgamation and Arrangement between Landmark Limited, Fiora Link Road Properties Limited and Trexa ADMC Private Limited with Trent Limited

-Trident Ltd. - Inclusive Growth Award by Cisco ( India & SAARC)

-Trident Ltd. - Trident Group commissions open end yarn expansion project
-Trident Ltd. - Trident inaugurates World's Largest Terry Towel Plant & lays Foundation Stone of Composite Textile Project

-The Company Amalgamation of Trident Corporation Ltd. with Trident Ltd. and their respective shareholders and Creditors

-Trident Paper earns NECA 2014 Award

2015
-Trident wins ECGC - D&B Indian Exporters’ Excellence Awards 2015
-Achievement in Environmental Sustainability Award
-Commencement of Bed-Linen production at Budni, Madhya Pradesh
-Trident announces the launch of TRIDENT DIGIPRINT PAPER
- TEXPROCIL Award for Outstanding Export Performance 2014-15

2016
-Trident has achieved the technology stabilization of integrated bed linen project at Budni, Madhya Pradesh.
-"Trident Ltd awarded JC Penney - Innovation Award".
-Trident has been awarded the prestigious JC Penney - Innovation Award.
-"TRIDENT launches exquisitely crafted range of Bed and Bath Linen collection at HGH India, 2016".
-"Trident launches French Brand ELLE DECOR in India".
-Trident has received awards in 17th National Award for Excellence in Energy Management, an event organized by Cll in Hyderabad.
-"TEXPROCIL Award for Outstanding Export Performance 2015-16".

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