Triveni Engineering certifies fractional share proceeds under Composite Scheme

Audit Committee and Independent Directors of Triveni Engineering have certified distribution of sale proceeds from fractional shares to eligible shareholders of Sir Shadi Lal Enterprises, which merged into Triveni Engineering under a Composite Scheme approved by NCLT Allahabad on May 7 and May 18, 2026, effective May 19, 2026. Share ratio was 100:137. 6,064 shareholders had fractional entitlements; 4,308 shares were sold for net proceeds of about Rs 12.25 lakh, distributed on September 9, 2026.