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Triveni Engineering and Industries Limited ( (IN:TRIVENI) ) just unveiled an update.
Triveni Engineering & Industries Limited announced that the National Company Law Tribunal, Allahabad Bench, has approved a composite Scheme of Arrangement involving the amalgamation of Sir Shadi Lal Enterprises Limited into Triveni Engineering & Industries Limited and the demerger of the PTB Undertaking of Triveni Engineering & Industries Limited into Triveni Power Transmission Limited. The tribunal’s order, dated 16 December 2025, clears a key legal hurdle for the restructuring, paving the way for consolidation of operations and a realignment of business segments within the group, which is expected to streamline corporate structure and could enhance operational focus and value for shareholders and creditors of the involved entities.
More about Triveni Engineering and Industries Limited
Triveni Engineering & Industries Limited operates in the engineering and industrial sector, with a diversified presence that includes sugar, power and related engineering businesses, and is listed on both BSE and the National Stock Exchange of India under the stock code TRIVENI.
Average Trading Volume: 20,025
Technical Sentiment Signal: Buy
Current Market Cap: 82.23B INR
For detailed information about TRIVENI stock, go to TipRanks’ Stock Analysis page.