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Triveni Power Transmission lists on BSE, NSE following demerger
Triveni Power Transmission's BSE and NSE listing follows demerger, signaling new tradable equity.
Context
What happened: Triveni Power Transmission listed on BSE and NSE after the demerger of Triveni Engineering's power transmission business under a National Company Law Tribunal approved scheme.
Key numbers: Scheme effective May 19, 2026. Eligible shareholders received one TPTL share for every three Triveni Engineering shares as of July 22, 2026.
Why it matters: TPTL vice chairman and managing director Tarun Sawhney said the demerger and independent listing create a platform for sharper business focus, more transparent performance evaluation and independent growth.
What changed
Triveni Power Transmission listed on BSE and NSE after the demerger of Triveni Engineering's power transmission business under a National Company Law Tribunal approved scheme.
Why it matters
TPTL vice chairman and managing director Tarun Sawhney said the demerger and independent listing create a platform for sharper business focus, more transparent performance evaluation and independent growth.