Triveni Engineering & Industries , a prominent player in the sugar and engineering sectors, has received a significant regulatory approval for its composite scheme of arrangement. The National Company Law Tribunal (NCLT) Allahabad Bench has approved the second motion petition for the company's restructuring plan, marking a crucial step forward in the corporate reorganization process.

NCLT Approval Details

The NCLT Allahabad Bench, through its order dated December 16, 2025, has allowed the second motion petition under Company Petition No. 37/ALD/2025 connected with Company Application No. 29/ALD/2025. The tribunal's decision paves the way for the next phase of the composite scheme implementation.

Composite Scheme Structure

The approved scheme involves a complex corporate restructuring with two main components:

Amalgamation Component

• Sir Shadi Lal Enterprises Limited (SSEL) will be amalgamated into Triveni Engineering & Industries Limited (TEIL)
• This merger will consolidate operations and streamline the corporate structure

Demerger Component

• The Power Transmission Business (PTB Undertaking) of TEIL will be demerged into Triveni Power Transmission Limited (TPTL)
• This separation will create a focused entity for the power transmission operations

Regulatory Process and Next Steps

Following the NCLT approval, the tribunal has directed comprehensive notice requirements to various statutory authorities including:

• Central Government through Ministry of Corporate Affairs
• Income Tax authorities for all three companies
• Stock exchanges (BSE Limited and National Stock Exchange)
• Regional Directors and Registrar of Companies

All authorities have been given 30 days from receipt of notice to file representations, if any. The scheme must also be published in prominent national dailies - Financial Express (English) and Jansatta (Hindi) in all editions.

Previous Financial Performance

The company had earlier reported mixed results for Q2 with total consolidated revenue of ₹2,014.46 crore and net profit of ₹21.38 crore. The diversified business model showed varying segment performance:

Strategic Implications

This NCLT approval represents a significant milestone in Triveni Engineering's corporate restructuring journey. The composite scheme, once fully implemented, is expected to optimize the company's operational efficiency and create distinct value propositions for different business verticals. The final hearing scheduled for February 5, 2026, will determine the complete approval and implementation timeline for this strategic reorganization.

Triveni Engineering & Industries Ltd. , a diversified industrial conglomerate, has announced its 89th Annual General Meeting (AGM) scheduled for September 8, 2025. The meeting will be conducted via video conferencing at 11:00 A.M. IST, reflecting the company's adaptation to modern communication technologies.

The company has submitted its Annual Report for FY 2024-25 to the BSE and NSE, showcasing a robust financial performance. Triveni Engineering reported a turnover of ₹6,655.40 crore for the fiscal year, underlining its strong market position and operational efficiency.

Financial Highlights

Triveni's paid-up capital stands at ₹21.89 crore, indicating a stable equity base. The company's diverse business portfolio contributed to its impressive turnover:

This diversification strategy has allowed Triveni to maintain a balanced revenue stream across its key operational areas.

Operational Reach

Triveni Engineering & Industries has established a significant presence both domestically and internationally. The company's operations span 29 states within India, showcasing its extensive national footprint. Moreover, its global reach extends to 81 countries, highlighting Triveni's success in penetrating international markets and its potential for further global expansion.

Shareholder Participation

To ensure maximum shareholder participation, the company has arranged for remote e-voting facilities. Shareholders can cast their votes electronically from September 5-7, 2025. The eligibility cut-off date for member participation has been set as September 1, 2025.

Sustainability Focus

In line with evolving corporate governance standards, Triveni has included comprehensive Business Responsibility & Sustainability disclosures in its annual report. This move underscores the company's commitment to transparent and responsible business practices, addressing growing investor interest in environmental, social, and governance (ESG) factors.

The upcoming AGM provides an opportunity for shareholders to engage with the management, review the company's performance, and participate in key decision-making processes. With its strong financial results and expanding global presence, Triveni Engineering & Industries Ltd. continues to demonstrate its resilience and growth potential in the diversified industrial sector.