Trent to sell 29% stake in Massimo Dutti India for ₹20.75 crore

Tata-owned Trent will sell its 29% stake in Massimo Dutti India, which it jointly runs with Spain's Inditex Group-owned Grupo Massimo Dutti. The stake will be sold for ₹20.75 crore, according to an exchange filing. Following the completion of the transaction, Trent's stake in Massimo Dutti India will be reduced to 20%.