Triveni Engineering & Industries Limited has informed the Exchange about Scheme of Arrangement

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

TRIVENI · price

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Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹404.85

prior close

₹406.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.5% vs market

Sugar peers, median of 27sector-1.8%+1.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.2 pts more than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-0.6

15m

-0.4

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.1-0.5-1.8+1.2

Next day

-2.4-1.5-0.9-1.4-1.0

-5.9-4.5-1.4-4.8-1.1

-3.9-3.9-0.0-4.4+0.5

-5.2-3.6-1.5-6.7+1.5

-7.2-4.0-3.2-8.3+1.1

-8.0-4.9-3.1-8.3+0.3

15d

-9.5-2.7-6.8-7.2-2.3

-9.1-2.5-6.6-7.5-1.6

+11.4+2.7+8.7-9.2+20.7

-39.8+8.4-48.2-7.3-32.5

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, has pronounced an order sanctioning a Composite Scheme of Arrangement involving Triveni Engineering and Industries Limited, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited. This scheme is under Sections 230 to 232 of the Companies Act, 2013. The company stated that the Effective Date of the scheme will be when all conditions in Clause 7 are fulfilled, and the company will inform the stock exchanges once the scheme becomes effective. This follows an earlier disclosure dated December 19, 2025.

Likely market impact

The NCLT approval is a positive step toward completing the corporate restructuring. The scheme becoming effective will be the actual trigger for any changes in shareholding structure or business reorganization. Shareholders should monitor for the Effective Date announcement.