Triveni Power Transmission shares to begin trading on BSE and NSE on October 12
As filed · Triveni Engineering & Industries Limited has informed the Exchange about Scheme of Arrangement -Receipt of Listing and Trading Approvals of TPTL from BSE and NSE
What happened
FactTriveni Power Transmission Ltd. received listing and trading approvals from BSE and NSE. Its 10,47,54,338 fully paid-up equity shares of Re. 2 each will be listed and admitted to trading from October 12, 2026, following the composite scheme of arrangement.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedThe business has carried out successful execution of more than 100 projects of varying magnitude and complexities across municipal and industrial sectors with quality and commitment to timely delivery.
The outstanding order book as on June 30, 2025 stood at ₹ 1,552 crore, which includes ₹ 1,106 crore towards O&M contracts for a longer period of time.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
- Triveni Engineering & Industries Limited has informed the Exchange regarding 'Receipt of Listing and Trading Approvals of TPTL from BSE and NSE'.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- The approval completes a key execution step in the scheme by enabling public trading in Triveni Power Transmission shares. Shareholders will have a separately listed security for the power transmission business.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%