
Triveni Engineering Allots Equity Shares Post-Scheme: Paid-Up Capital Rises
On June 9, 2026, the Executive Subcommittee of Triveni Engineering & Industries Limited approved the allotment of equity shares following the amalgamation scheme involving Sir Shadi Lal Enterprises Limited (SSEL). The company allotted 14,65,048 fully paid-up equity shares, each valued at a face value of Re. 1/- to eligible shareholders of SSEL.The allotment was made to those SSEL equity holders who possessed the requisite equity shares on the designated Record Date of June 3, 2026, as stipulated by the scheme approved under the provisions of Sections 230 to 232 of the Companies Act, 2013.
This share allotment resulted in a significant increase in the paid-up equity share capital of Triveni Engineering & Industries Limited. Post-allotment, the company’s total paid-up equity share capital stands at Rs. 22,03,63,016/-. This amount is divided into 22,03,63,016 fully paid-up equity shares, each with a face value of Re. 1/-.
The newly allotted equity shares are designated to rank pari-passu with the company's existing equity shares. These shares are proposed for listing and trading on the BSE Limited and the National Stock Exchange of India Limited as part of the ongoing scheme.
TRIVENI Stock Price Movement
Triveni Engineering & Industries Limited shares rallied today, settling at ₹375.90 after gaining 2.9% on the close, as the stock climbed by ₹10.60. The equity traded within a tight intraday range, hitting lows of ₹363.30 and highs of ₹384.00 amid heavy trading of 651,325 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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