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

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

-0.8%Reaction day

₹372.50

prior close

₹370.10

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%-1.4% vs market

Sugar peers, median of 27sector+1.0%-1.8% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.8 pts less 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

+2.4

10m

+3.4

15m

+4.0

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.6-1.4+1.0-1.8

Next day

+2.1+1.7+0.4+0.9+1.2

+1.0+1.8-0.7+0.3+0.8

+0.7+3.4-2.7+0.9-0.3

+1.3+4.1-2.9+0.0+1.2

+2.7+4.1-1.4+0.8+1.9

-1.6+2.3-3.9+1.2-2.8

15d

+2.6+1.8+0.8-2.7+5.2

+13.2+10.8+2.4-0.9+14.1

+26.1+10.3+15.8-1.1+27.2

-19.6+14.9-34.6+23.9-43.5

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

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.