Triveni Engineering & Industries has received a significant regulatory milestone as the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, pronounced its order on May 07, 2026, sanctioning the Composite Scheme of Arrangement involving the company, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited. The intimation was made to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Sanctioned Scheme

The Composite Scheme of Arrangement has been structured under Sections 230 to 232 of the Companies Act, 2013, and encompasses the respective shareholders and creditors of all three entities involved. The key parties and regulatory details of the scheme are outlined below:

Effective Date and Next Steps

The Effective Date of the Scheme will be determined upon fulfilment of the conditions and matters referred to in Clause 7 of the Scheme. Triveni Engineering & Industries has stated that it will intimate the Effective Date to the stock exchanges in due course once these conditions are met.

Additionally, the company noted that a copy of the NCLT Order will be submitted to the exchanges once it is uploaded on the official website of the Hon'ble NCLT. The disclosure was signed by Geeta Bhalla, Group Vice President & Company Secretary of Triveni Engineering & Industries, on May 07, 2026.

Background

This development follows the company's earlier regulatory disclosure dated December 19, 2025, in connection with the same Composite Scheme of Arrangement. The scheme involves three entities — Triveni Engineering & Industries, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited — along with their respective shareholders and creditors, and has now received formal judicial sanction from the NCLT Allahabad Bench.

Triveni Engineering & Industries Ltd has announced the opening of a special window for transfer and dematerialisation of physical securities, providing shareholders with an opportunity to complete pending transfer processes. The initiative follows regulatory guidelines aimed at facilitating investor access to their rightful securities.

Regulatory Framework and Timeline

The special window has been established pursuant to SEBI Circular No. HO/38/11/3/11/2/2026-MIRSD-POD//3750/2026 dated January 30, 2026. This facility addresses securities that were sold or purchased prior to April 1, 2019 but were not properly lodged with the company or its Registrar and Transfer Agent (RTA).

Eligibility and Process Requirements

The special window covers multiple categories of transfer requests:

• Fresh lodgement of securities sold/purchased before April 1, 2019
• Previously rejected or returned transfer requests
• Requests not attended due to document deficiencies
• Transfer requests with process-related issues

Eligible shareholders must contact KFin Technologies Limited, the company's RTA, at their Hyderabad office located at Selenium Building, Tower-B, Plot Nos. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad-500032, Telangana. Alternatively, shareholders can reach out via email at einward.rts@kfinitech.com or contact the company directly at shares@trivenigroup.com .

Transfer Conditions and Restrictions

All securities re-lodged during the special window period will be subject to specific conditions designed to ensure investor protection and regulatory compliance.

Company Communication

The announcement was made through newspaper publications in Financial Express (English) and Jansatta (Hindi) dated April 16, 2026. Company Secretary Geeta Bhalla signed the official communication, emphasizing the importance of timely action by eligible shareholders to complete the transfer and demat process before the February 4, 2027 deadline.

Shareholders are advised to act promptly to ensure their transfer requests are processed within the specified timeframe, as this facility will not be available after the window closes.