Triveni Engineering & Industries Limited has informed the Exchange about Copy of Newspaper Publication
TRIVENI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Triveni Engineering & Industries has filed newspaper notices in Financial Express and Jansatta on January 2, 2026, regarding its composite Scheme of Arrangement before the NCLT Allahabad Bench. The scheme involves three companies: Triveni Engineering (Amalgamated Company), Sir Shadi Lal Enterprises (Amalgamating Company), and Triveni Power Transmission (Resulting Company), along with their respective shareholders and creditors. The petition, filed under Sections 230-232 of the Companies Act, 2013, was first heard on December 16, 2025, and is now scheduled for hearing in February 2026. Objectors have been given a window to file their objections through the company's advocate at least two days before the hearing date.
This is a procedural regulatory update confirming the newspaper publication step required for the ongoing corporate restructuring. Shareholders and creditors should take note of the February 2026 hearing date, as approval of the scheme could lead to structural changes in the company including the spin-off of the power transmission business and absorption of Sir Shadi Lal Enterprises. Short-term stock reaction is likely to be muted as the scheme has been in process, but final NCLT approval remains a key milestone to watch.