Sir Shadi Lal Enterprises Ltd — Important, 28-10-2025: Company Update

Sir Shadi Lal Enterprises has called an unsecured creditors' meeting on November 30 for a major corporate reorganization. The plan: Sir Shadi Lal will merge into Triveni Engineering & Industries. Simultaneously, Triveni Engineering's gears & defense business will demerge into Triveni Power Transmission. Sir Shadi Lal shareholders get 100 Triveni Engineering shares (INR 1 FV) for every 137 of their shares (INR 10 FV). Triveni Engineering shareholders receive 1 Triveni Power share (INR 2 FV) for every 3 of their shares (INR 1 FV). This move aims to streamline operations, create synergies, and unlock value across the group. The company's unsecured creditors are owed about 1.15 Cr.