Radhakishan Damani, India’s low-profile billionaire and “Retail King,” appears to have exited his decade-old stake in Tata Group’s retail arm, Trent. His holding, once 2.74% in 2010, has fallen below 1% in the September 2025 quarter. Damani’s exit follows years of stellar business and stock performance, sparking fresh speculation on Dalal Street about the rationale behind the move.
