Merger20 May 2026, 05:41 pm
Sir Shadi Lal Enterprises: Amalgamation Update; Record Date June 3, 2026
AI Summary
Sir Shadi Lal Enterprises Ltd. has announced its amalgamation with Triveni Engineering and Industries Ltd., effective April 1, 2025. The company will be dissolved without winding up. Financial results for FY 2026 will be included in Triveni Engineering's standalone results. The record date for determining shareholders whose shares will be cancelled and new shares of Triveni Engineering issued is set for June 3, 2026.
Key Highlights
- Sir Shadi Lal Enterprises amalgamates with Triveni Engineering and Industries Ltd.
- Amalgamation appointed date is April 1, 2025.
- FY 2026 financial results will be part of Triveni Engineering's results.
- Record date is June 3, 2026 for share cancellation and issuance.
Price Impact
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