Request for Issue Order for Suspension of Trading in Equity Shares of Sir Shadi Lal Enterprises Limited

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

-2.4%Reaction day

₹375.50

prior close

₹364.65

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%-1.3% vs market

Sugar peers, median of 26sector-0.4%-2.1% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 2.1 pts less 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

+0.3

10m

+0.4

15m

+0.4

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-1.1-1.3-0.4-2.1

Next day

-1.8-0.0-1.8-0.9-0.9

-3.5+0.2-3.7-1.7-1.8

-1.4+1.1-2.5-1.4-0.0

-2.0+1.1-3.0+0.0-2.0

-2.0-0.9-1.1+0.4-2.4

-0.7-0.5-0.1-2.4+1.7

15d

+12.3+7.1+5.2-0.4+12.6

+19.8+6.5+13.3-1.6+21.4

-38.1+7.9-46.0-0.8-37.2

-25.9+11.2-37.1+17.0-42.9

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 26Pending

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

AI summary

Triveni Engineering & Industries Ltd has informed BSE that trading in the equity shares of Sir Shadi Lal Enterprises Limited (SSEL) will be suspended with effect from June 4, 2026. This follows the Record Date of June 3, 2026, fixed for determining shareholders entitled to receive shares under a Composite Scheme of Arrangement. The scheme, approved by the National Company Law Tribunal (NCLT) under Sections 230-232 of the Companies Act, 2013, involves Triveni Engineering & Industries Ltd, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited. SSEL has already been renamed to Triveni Engineering & Industries Ltd, indicating the merger aspect is largely complete, with the demerger to Triveni Power Transmission Ltd still being executed.

Likely market impact

Shareholders of Sir Shadi Lal Enterprises Limited will receive shares of Triveni Engineering & Industries Ltd (and possibly Triveni Power Transmission Ltd) in exchange for their SSEL holdings based on the scheme's swap ratio. Existing SSEL investors should note that the stock will stop trading from June 4, 2026, so any open positions need to be settled before that date.