Intimation of Record date (3.6.2026) for determing eligibilty of shareholders
Awaiting price reaction for this filing.
Sir Shadi Lal Enterprises Limited (SSEL) has been amalgamated into Triveni Engineering and Industries Limited (TEIL) following the Composite Scheme of Arrangement becoming effective on 19 May 2026. The appointed date for the merger is 1 April 2025. SSEL stands dissolved without winding up. The share exchange ratio is 100 equity shares of TEIL (face value INR 1 each) for every 137 equity shares of SSEL (face value INR 10 each). The Record Date for determining eligible SSEL shareholders has been fixed as 3 June 2026, after which TEIL will issue new shares to eligible shareholders.
SSEL shareholders will receive TEIL shares in the fixed ratio; they should ensure their demat accounts are active and updated. SSEL is effectively delisted post-merger, and TEIL's equity base expands.