Triveni Engineering & Industries has informed the stock exchanges that its Board of Directors meeting, originally scheduled for Friday, May 15, 2026, has been postponed to a later date due to unavoidable circumstances. The intimation regarding the postponement was filed on May 14, 2026, and signed by Geeta Bhalla, Group Vice President & Company Secretary. The company has stated that the revised date for the board meeting will be communicated as and when finalised.

Background and Reason for Postponement

The board meeting had been originally convened under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as intimated to the exchanges on May 8, 2026. The meeting was scheduled to consider and approve the audited financial results for the fourth quarter (Q4) and the full financial year ended March 31, 2026, along with a recommendation on the final dividend, if any, on the equity share capital for the same period. The postponement has been attributed to unavoidable circumstances, with no revised date announced at this time.

Agenda on Hold

The following key items, which were to be taken up at the May 15, 2026 board meeting, remain pending and will be considered at the rescheduled meeting:

Trading Window Status

In accordance with the Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relatives under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities remains closed for designated persons and their immediate relatives. The closure, which took effect from April 1, 2026, as communicated via a letter dated March 25, 2026, will continue to remain closed until further intimation, given the postponement of the board meeting.

Key Details at a Glance

Triveni Engineering & Industries has requested both BSE Limited and the National Stock Exchange of India Ltd. to take the intimation on record and disseminate the information to all concerned parties.

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.