Triveni Engineering & Industries Limited — Updates, 14-05-2026: Scheme of Arrangement

NCLT sanctioned Triveni Engineering's scheme: Sir Shadi Lal Enterprises amalgamates into it (100 TEIL shares for 137 SSLE shares). TEIL's gears/defence business demerges into Triveni Power Transmission (1 TPTL share for 3 TEIL shares).