Triveni Engineering & Industries Ltd
Intimation in compliance of Regulation 30 of the SEBI (LODR) Regulation, 2015 about Allotment of the Equity Shares of the Company to the shareholders of SSEL pursuant to the scheme
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 09 Jun 2026, 04:20 PM IST · BSE ID: e21cf761-57e0-42f0-92f3-11af9ff9276c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued 14,65,048 new shares to finalize its merger with Sir Shadi Lal Enterprises Limited.
🤖 AI Summary
- Triveni Engineering & Industries allotted 14,65,048 fully paid-up equity shares of Re.1/- each.
- Shares allotted to eligible shareholders of Sir Shadi Lal Enterprises Limited (SSEL) as per scheme.
- Paid-up equity share capital now stands at Rs.22,03,63,016/- divided into 22,03,63,016 equity shares.
- New shares rank pari-passu with existing shares and will be listed on BSE Limited and NSE Limited.
- Allotment follows NCLT sanction of the Composite Scheme of Arrangement and June 3, 2026 record date.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares Allotted
14,65,048 fully paid-up equity shares
Face Value per Share
Re.1/- each
New Paid-up Equity Share Capital
Rs.22,03,63,016/-
Total Equity Shares Post-Allotment
22,03,63,016 fully paid-up equity shares
🏢 How This Affects the Company
The completion of share allotment finalizes a key step in the Composite Scheme of Arrangement involving SSEL and Triveni Power Transmission Limited, integrating the specified businesses.
The paid-up equity share capital of Triveni Engineering & Industries Ltd. has increased to Rs.22,03,63,016/- following the allotment.
Completion of the scheme-related share allotment reduces execution risk associated with the merger process.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders of Triveni Engineering & Industries Ltd. based on this intimation.
👤
Who Is Affected
Shareholders of Sir Shadi Lal Enterprises Limited (SSEL) who held shares as on the record date of June 3, 2026, are affected, receiving 14,65,048 new equity shares of Triveni Engineering & Industries Ltd.
🔍
Management Signal
The decision to allot shares indicates management's commitment to completing the Composite Scheme of Arrangement as sanctioned by the NCLT.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of the official listing date for the newly allotted shares on BSE and NSE.
Future disclosures regarding the integration progress of Sir Shadi Lal Enterprises Limited.
Next quarterly financial results to observe combined entity performance post-scheme implementation.
LOW RISK
The filing confirms the completion of a key step in a previously approved corporate restructuring, reducing uncertainty.
💡 Investor Takeaway
Triveni Engineering & Industries Ltd. has allotted 14,65,048 fully paid-up equity shares of Re.1/- each to SSEL shareholders. This increases the paid-up equity share capital to Rs.22,03,63,016/-. The newly allotted shares will be listed and rank equally with existing shares.
⚖️ Strengths & Concerns
✅ Positives
- Completion of share allotment finalizes a critical step in the Composite Scheme of Arrangement, ensuring integration of entities.
- New equity shares will rank pari-passu with existing shares, maintaining uniform rights for shareholders post-merger.
📅 Company Track Record
Previous filings indicated the NCLT sanctioned the Composite Scheme of Arrangement on May 7, 2026, and May 18, 2026. A record date of June 3, 2026, was fixed for determining eligibility for these shares. Triveni Power Transmission Limited, also part of this scheme, appointed 5 new directors on June 4, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How many new equity shares did Triveni Engineering & Industries Ltd. allot?
Triveni Engineering & Industries Ltd. allotted 14,65,048 fully paid-up equity shares of Re.1/- each to eligible shareholders.
What is the new paid-up equity share capital of Triveni Engineering & Industries Ltd.?
Post allotment, the paid-up equity share capital of the company stands increased to Rs.22,03,63,016/-.
Who received the newly allotted shares?
The shares were allotted to the eligible equity shareholders of Sir Shadi Lal Enterprises Limited (SSEL) who held shares as on the record date of June 3, 2026.
Will the newly allotted shares be listed for trading?
Yes, the equity shares so allotted are proposed to be listed and traded on BSE Limited and the National Stock Exchange of India Limited pursuant to the Scheme.
Questions based on this BSE filing only. For information purposes.