Triveni Engineering & Industries Limited (TRIVENI) — Corporate Action
📢 Key Event
SSEL amalgamation effective May 19, 2026 with share exchange ratio of 100:137
🔄 What Changed
Amalgamation of SSEL into Triveni completed; new share entitlement ratio established
🔮 What's Next
Record date set for June 3, 2026 to determine eligibility for new shares
💡 Investor Takeaway
SSEL shareholders gain direct equity in Triveni through the scheme without any cost or application.
Triveni Engineering & Industries announced that its subsidiary Sir Shadi Lal Enterprises Limited (SSEL) became effective on May 19, 2026 following a Scheme of Arrangement. Shareholders of SSEL will receive 100 new shares of Triveni for every 137 shares held, subject to a June 3, 2026 record date. The shares will be issued fully paid without any application or consideration.
About Triveni Engineering & Industries Limited (TRIVENI)
Fast Moving Consumer Goods · Agricultural Food & other Products · Listed on NSE
Market Cap: ₹8,190.07 Cr
P/E: 38.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.