Triveni Engineering & Industries Limited has informed the Exchange about Scheme of Arrangement
TRIVENI · price
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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.
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.