Corporate Action25 Jun 2026, 07:30 pm
Triveni Engineering Gets In-Principle Approval for Share Listing
AI Summary
Triveni Engineering & Industries Ltd. has received in-principle approval from both the National Stock Exchange (NSE) and BSE for the listing of 14,65,048 equity shares. These shares were allotted to the public shareholders of Sir Shadi Lal Enterprises Limited (SSEL) pursuant to a Scheme of Arrangement. The record date for determining eligibility was June 3, 2026. The approval from the stock exchanges was granted on June 24, 2026, and trading will commence upon confirmation from depositories.
Key Highlights
- In-principle approval received for listing of 14,65,048 equity shares.
- Shares allotted as per Scheme of Arrangement with SSEL.
- Record date for eligibility was June 3, 2026.
- Approval granted by NSE and BSE on June 24, 2026.
- Listing contingent on depository confirmation.
Price Impact
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