TRIVENINSETriveni Engineering & Industries Limited· SugarHighNeutral
Announced Wed, 20 May · 24:16 IST

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

Nclt Scheme FiledStrategic Transactions View source PDF

TRIVENI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹372.50
prior close
₹370.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.4+3.4+4.0+3.7+2.1+1.0+0.7+1.3+2.7-1.6+2.6+13.2+26.1
Up moveDown movePending
AI summary

Triveni Engineering & Industries Limited has announced that its Composite Scheme of Arrangement with Sir Shadi Lal Enterprises Limited and Triveni Power Transmission Limited has become effective. The scheme was sanctioned by the NCLT Allahabad Bench through orders dated May 7, 2026 and May 18, 2026. The certified copies of these NCLT orders were filed with the Registrar of Companies on May 19, 2026, making this the effective date of the scheme. This is a restructuring arrangement under Sections 230 to 232 of the Companies Act, 2013.

Likely market impact

The scheme becoming effective marks the completion of this corporate restructuring process. Shareholders should monitor for further disclosures regarding the specifics of asset or business transfers, which could impact the company's future earnings and valuation.