Company Disclosure

Triveni Engineering & Industries Ltd. (TEIL) has received in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for the listing of 14,65,048 (Fourteen Lakhs Sixty-Five Thousand Forty-Eight) additional equity shares of face value ₹1 each.

Background and Transaction Details

These shares were issued to the eligible equity shareholders of Sir Shadi Lal Enterprises Ltd. (SSEL) pursuant to a Scheme of Arrangement among TEIL, SSEL, and Triveni Power Transmission Ltd. (TPTL) and their respective shareholders and creditors.

The Board of TEIL, in consultation with SSEL's Board, had previously fixed Wednesday, June 3, 2026, as the Record Date for determining the eligibility of SSEL's shareholders to receive TEIL shares according to the Share Entitlement ratio specified in clause 3.11.1 of the Scheme.

Regulatory Approvals Received

The company received the observation letters from the exchanges as follows:

  • NSE Observation Letter No. NSE/LIST/46129 dated August 11, 2025
  • BSE Observation Letter No. DCS/AMAL/NB/R37/3734/2025-26 dated August 7, 2025

The in-principle approval letters from both stock exchanges were received on June 24, 2026. The NSE approval is referenced under Letter No. NSE/LIST/55688, and the BSE approval under Reference No. DCS/AMAL/BW/128/2026-27.

Share Details and Conditions for Trading

The distinctive numbers of the shares allotted range from 257945111 to 259410158.

The final listing and admission to dealings on the exchanges are contingent upon:

  • Receipt of confirmation from depositories (NSDL/CDSL) regarding the credit of shares to beneficiaries' accounts or confirmation of dispatch of physical share certificates
  • Filing of listing approval obtained from NSE (for BSE trading approval)
  • Details of payment of any outstanding dues to the exchange
  • Details of payment of any SOP fines

Important Notes

The exchanges have clarified that this in-principle approval should not be construed as approval under any other Act, Regulation, rule, or bye-laws, for which the company must obtain separate approvals from concerned departments.

The disclosure was signed by Geeta Bhalla, Group Vice President & Company Secretary (Membership No: A 9475), on June 25, 2026, at 19:14:21 IST.