Trent Ltd Subsidiary Booker India to Acquire THPL Support Services for ₹166.36 Crore

Tata Group’s retail arm, Trent Ltd, announced that its subsidiary, Booker India Limited (BIL), has signed a Share Purchase Agreement (SPA) to acquire a 100% stake in THPL Support Services Limited (TSSL) from Trent Hypermarket Private Limited (THPL). The move aims to streamline operations and enhance supply chain capabilities within the group.

Acquisition Details

The acquisition, valued at ₹166.36 crore, is classified as a related-party transaction but has been conducted at arm’s length. TSSL, established on 9 June 1992, operates in the warehousing and logistics sector and reported a turnover of ₹42.35 crore for the financial year ending 31 March 2024. The acquisition will be finalised by 31 March 2025.

Strategic Impact on Booker India

By acquiring TSSL, Booker India aims to strengthen its logistics and supply chain infrastructure. This consolidation aligns with Trent’s broader strategy to enhance operational efficiency and optimise resource utilisation across its subsidiaries.

Trent Share Performance 

As of March 20, 2025, at 1:30 PM, Trent Ltd. share price is trading at ₹5,213.60 per share, reflecting a decline of 0.33% from the previous day’s closing price. Over the past month, the stock has surged by 2.24%.

Conclusion

The acquisition of TSSL marks a significant step in Booker India’s expansion, reinforcing its logistics capabilities. With the deal set for completion by the end of March 2025, it is expected to create a more integrated and efficient supply chain within the Tata Group’s retail ecosystem.

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