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 Limited has submitted copies of newspaper advertisements published on November 5, 2025 in Financial Express (English) and Jansatta (Hindi), as required under SEBI Listing Regulations. The notices announce meetings of equity shareholders, secured creditors, and unsecured creditors of the company, directed by the NCLT Allahabad Bench in connection with a Composite Scheme of Arrangement. The scheme involves three companies: Triveni Engineering & Industries (Amalgamated Company), Sir Shadi Lal Enterprises (Amalgamating Company), and Triveni Power Transmission (Resulting Company). The secured creditors meeting is scheduled for December 7, 2025 at 1:00 PM, and the unsecured creditors meeting at 3:30 PM, both via video conferencing. The cut-off date for voting eligibility is July 31, 2025, with remote e-voting open from December 3 to December 6, 2025.
This is a procedural update in an ongoing corporate restructuring. Shareholders and creditors will get to vote on the proposed scheme, which requires three-fourths majority by value for approval. The outcome of these meetings will determine whether the amalgamation and restructuring proceeds, which could affect the shareholding structure and business consolidation of the Triveni group.