Announced Sat, 11 Jul · 10:10 IST
Demerger Record Date Fixed at July 22, 2026 - Share Ratio 3:1
Demerger Ratio AnnouncedCore Business DivestedNclt Scheme FiledStrategic Transactions View source PDF
TRIVENI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹460.00
prior close
₹463.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+2.3+3.0+4.1+2.5+0.3+2.4+2.5+2.1-40.1————
Up moveDown movePending
AI summary
Triveni Engineering has fixed July 22, 2026 as the record date for its demerger scheme, already effective from May 19, 2026 after NCLT approval in May 2026. Under the scheme, the power transmission business is being demerged into Triveni Power Transmission Limited (TPTL). Shareholders get 1 TPTL share (face value INR 2) for every 3 shares held (face value INR 1) in Triveni Engineering.
Likely market impact
Shareholders on record by July 22, 2026 will receive TPTL shares at a 3:1 ratio. Power transmission business separates from the company.