Triveni Engineering & Industries Limited — Updates, 04-11-2025: General Updates

Triveni Engineering & Industries plans a strategic restructuring: Sir Shadi Lal Enterprises will merge into it, and its PTB (gears & defense) business will demerge into Triveni Power Transmission. This aims for operational synergies and value unlocking. SSEL shareholders get 100 TEIL shares (₹1 FV) for 137 SSEL shares (₹10 FV). TEIL shareholders receive 1 TPTL share (₹2 FV) for 3 TEIL shares (₹1 FV).