Trent declares an interim dividend of Rs 9 per equity share

NEW DELHI: Tata group retail firm Trent declared an interim dividend of Rs 9 per equity share for the current financial year.

"The Board of Directors of the company at its meeting held on March 12, 2016, has declared an interim dividend of 90 per cent i.e; Rs 9 per equity share of Rs 10 each," Trent Ltd said in a regulatory filing.

It further said: "The dividend shall be paid on or after March 29, 2016."

Trent operates retail chain under Westside brand and hypermarket chain 'Star Bazaar' in partnership with UK's retailing giant Tesco.