In-principle approval for listing shares issued under Scheme of Arrangement
TRIVENI · price
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Triveni Engineering has received in-principle approval from NSE and BSE (dated June 24, 2026) for listing of 14,65,048 equity shares of Re.1 each, issued to eligible shareholders of Sir Shadi Lal Enterprises (SSEL) under a Scheme of Arrangement involving TEIL, SSEL, and Triveni Power Transmission. Shares were allotted at a record date of June 3, 2026, per the share entitlement ratio. Final trading approval is pending NSDL/CDSL credit confirmation and clearance of any dues or fines.
Procedural milestone for the merger scheme; enables trading of newly allotted shares once depository credit is confirmed, marginally increasing share count.