Triveni allots shares to SSEL shareholders under composite scheme

Nclt Scheme FiledDemerger Ratio AnnouncedListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

TRIVENI · price

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▲ 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

-0.8%Reaction day

₹375.95

prior close

₹374.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.4%+0.7% vs market

Sugar peers, median of 27sector-1.7%+0.9% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.9 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

+0.6

10m

+0.7

15m

+0.7

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-1.4+0.7-1.7+0.9

Next day

+1.6-2.5+4.2-1.3+2.9

+2.7+0.4+2.3-0.5+3.2

+6.2+2.2+4.0+1.4+4.8

+7.2+2.7+4.5+0.8+6.4

+8.1+3.9+4.3+0.7+7.5

+6.9+5.2+1.7+0.5+6.5

15d

+23.7+6.5+17.2-0.7+24.4

+22.4+6.9+15.5-0.8+23.2

-35.2+9.1-44.3+2.4-37.6

-29.8+11.6-41.4+9.4-39.2

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 has allotted 14,65,048 equity shares of Re.1 each to eligible shareholders of Sir Shadi Lal Enterprises (SSEL) under a composite scheme of arrangement. The scheme, sanctioned by NCLT Allahabad on May 7 and May 18, 2026, involves amalgamation of SSEL into Triveni and demerger into Triveni Power Transmission. Record date was June 3, 2026. Post-allotment paid-up capital stands at about Rs.22.03 crore, divided into 22,03,63,016 shares. New shares will rank pari-passu and be listed on BSE and NSE.

Likely market impact

Minor share dilution from new allotment; scheme completion moves Triveni closer to integrating SSEL and spinning off its power transmission unit.