Noel Tata to retire as Trent chairman after scaling retailer to ₹2 lakh crore m-cap
At Trent's 47th AGM, Noel Tata announced his retirement as chairman after building the Tata retail arm into a ₹20,193 crore revenue powerhouse with 1,286 stores across 321 cities. Shareholders also cleared a ₹2,500 crore fundraise for tech, supply chain and expansion.
What happened
Noel Tata announced retirement as Trent chairman at the 47th AGM after scaling the retailer to ₹20,193 crore revenue, 1,286 stores and ₹2 lakh crore m-cap.
Key facts
- revenue ₹20,193 crore FY26
- profit ₹1,477 crore
- m-cap ₹2 lakh crore
- 1,286 stores
- 321 cities
- 17.7 million sq ft
- Zudio 963 outlets
- Westside 300 stores
- ₹2,500 crore fundraise
Why this matters
Leadership transition plus fresh capital makes Trent a more aggressive bidder for retail tech, logistics, and adjacent apparel assets in the next 12-18 months.