Trident Tools Limited (BSE: 531972) agreed to acquire Quickcut Engineering Co. Pvt. Ltd. for INR 51.1 million on December 16, 2011. Under the terms, Trident Tools will issue 4.95 million new equity shares as per the swap ratio of 99:1 to the shareholders of Quickcut Engineering Co. Pvt. Ltd. The transation is subject to court approval. Trident Tools' Board has unanimously approved the transaction. As on June 28, 2013, the High Court of Judicature at Mumbai approved the transaction.

Trident Tools Limited (BSE: 531972) cancelled the acquisition of Quickcut Engineering Co. Pvt. Ltd. on January 19, 2014.