Trent acquires 6.9% in Fiora Services

Tata group firm Trent Ltd today said it has acquired 6.91 per cent additional stake of Fiora Services Ltd from Tata Investment Corporation Ltd. “Trent Ltd has acquired 6.91 per cent equity shares of Fiora Services Ltd, subsidiary company, from Tata Investment Corporation Ltd in addition to its existing holding of 89.88 per cent,” the company said in a BSE filing. It further said: “Cost of acquisition is ₹1.89 crore.” Post acquisition, Trent Ltd’s stake in Fiora Services stands at 96.79 per cent.