Sir Shadi Lal Enterprises Ltd — Important, 29-10-2025: Company Update

Sir Shadi Lal Enterprises is convening meetings for its equity shareholders, secured creditors, and unsecured creditors via video conferencing. These meetings are to vote on a Composite Scheme of Arrangement involving the company, Triveni Engineering & Industries, and Triveni Power Transmission. For approval, the scheme needs support from three-fourths in value of each class of voting stakeholders. Public shareholders also have a specific voting threshold. This is a key step in a significant corporate restructuring, ultimately awaiting final approval from the NCLT.