Triveni Engineering & Industries Limited — Updates, 04-11-2025: General Updates
04-11-2025 | 04:39 pm
04-11-2025 | 04:39 pm
Triveni Engineering's major business revamp combines Sir Shadi Lal (100 TEIL for 137 SSEL shares) and spins off PTB into Triveni Power (1 TPTL for 3 TEIL shares). Expected synergies, cost savings, and value unlocking. Post-restructuring, TEIL's revenue drops ~215 Cr, TPTL gains ~370 Cr.
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