Scheme Effectiveness

Nclt Scheme FiledStrategic Transactions View source PDF

TRIVENI · price

Loading chart…

▲ 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

+2.1%1-day move

₹372.50

prior close

₹370.10

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.4+3.4+4.0+3.7+2.1+1.0+0.7+1.3+2.7-1.6+2.6+13.2+26.1—

Up moveDown movePending

AI summary

Triveni Engineering & Industries Ltd has announced that its Composite Scheme of Arrangement involving Sir Shadi Lal Enterprises Limited and Triveni Power Transmission Limited has become effective on May 19, 2026. The Scheme was sanctioned by the NCLT Allahabad Bench through orders dated May 7, 2026 and May 18, 2026. The company completed filing certified copies of the NCLT Orders with the Registrar of Companies on May 19, 2026 at around 6:45 PM, marking the official Effective Date. This is a restructuring arrangement under Sections 230 to 232 of the Companies Act, 2013 involving the company, its shareholders, and creditors.

Likely market impact

The scheme becoming effective means the corporate restructuring is now legally complete. Shareholders should monitor for subsequent announcements on share transfer, new entity listings, or entitlement ratios as the restructuring is implemented.