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The board of Trent will meet on Tuesday to consider a proposal to sub-divide the company’s shares. The current face value of Tata-controlled Trent is ₹10. The board of the departmental store major will also consider issue of non-convertible debentures on private placement basis. Analysts will follow these developments, especially the stock split ratio and the amount Trent plans to raise. The stock on Monday closed at ₹1,677 on the BSE.
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