NCLT-convened meetings approve Composite Scheme of Arrangement

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

TRIVENI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+6.7%Reaction day

₹338.90

prior close

₹337.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+2.0%+4.7% vs market

Sugar peers, median of 27sector+0.3%+6.4% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 6.4 pts more than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

+4.5

15m

+5.2

30m

+4.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.7+2.0+4.7+0.3+6.4

Next day

+2.2+1.3+0.9+2.6-0.4

+4.2+1.8+2.4+4.0+0.2

+5.3+2.0+3.3+2.7+2.7

+5.6+2.5+3.1+3.7+2.0

+9.8+1.9+7.9+3.0+6.8

+10.6+0.7+10.0+2.5+8.1

15d

+15.1+2.9+12.2+1.6+13.4

+7.4-0.1+7.5-2.3+9.7

+11.6+1.5+10.1-5.0+16.5

+10.6-9.1+19.7-5.9+16.5

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Triveni Engineering shareholders (98.37% in favour) and secured and unsecured creditors approved the Composite Scheme of Arrangement among Triveni Engineering, Sir Shadi Lal Enterprises, and Triveni Power Transmission at NCLT Allahabad Bench-convened meetings held on December 7, 2025. Out of about 15.88 crore valid votes polled, 15.62 crore voted in favour and 26 lakh against, passing with the requisite three-fourths majority under Section 230(6) of the Companies Act, 2013.

Likely market impact

Composite scheme approved by shareholders and creditors; now awaits final NCLT sanction. Internal restructuring among promoter-group entities.