Triveni Engineering fixes July 22, 2026 as demerger record date

Demerger Ratio AnnouncedStrategic Transactions View source PDF

TRIVENI · price

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₹460.00

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₹463.00

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AI summary

Triveni Engineering has fixed July 22, 2026 as the record date for its demerger. Shareholders will get 1 equity share of Triveni Power Transmission Ltd (TPTL) for every 3 shares held in Triveni Engineering. The power transmission business of the company has been transferred to TPTL effective April 1, 2026 under the NCLT-sanctioned Composite Scheme of Arrangement.

Likely market impact

Shareholders on record as of July 22, 2026 will receive 1 TPTL share for every 3 Triveni Engineering shares held under the demerger scheme.