Announced Sat, 11 Jul · 10:07 IST
Triveni Engineering fixes Demerger Record Date on July 22, 2026
Demerger Ratio AnnouncedNclt Scheme FiledCore Business DivestedStrategic Transactions View source PDF
TRIVENI · price
▲ 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
+2.5%1-day move
₹460.00
prior close
₹463.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+2.3+3.0+4.1+2.5+0.3+2.4+2.5+2.1-40.1————
Up moveDown movePending
AI summary
Triveni Engineering & Industries has fixed July 22, 2026 as the Record Date for its demerger. The power transmission business will vest into Triveni Power Transmission Ltd (TPTL) effective April 1, 2026. Shareholders get 1 TPTL share (face value INR 2) for every 3 Triveni shares (face value INR 1) held. NCLT Allahabad sanctioned the composite scheme on May 7 and May 18, 2026.
Likely market impact
Eligible shareholders will receive TPTL shares based on the 1:3 ratio. Watch for TPTL listing and price action post record date.