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    ALPHA TRIBE

    Triveni Engineering & Industries Limited — Updates, 29-10-2025: Scheme of Arrangement

    29-10-2025 | 04:19 pm

    Triveni Engineering will merge Sir Shadi Lal Enterprises and demerge its Power Transmission Business into TPTL for synergy & focused growth. Share swap ratios: 100 TEIL shares for 137 SSEL shares, and 1 TPTL share for 3 TEIL shares. Shareholder & creditor meetings directed by NCLT.

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