TRIVENI ENGINEERING & INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Acquisition

The Board of Directors of the Company has at its meeting held today i.e. June 20, 2024 inter-alia considered and approved the acquisition of 19,07,743 fully paid-up equity shares of face value of Rs.10/- each of Sir Shadi Lal Enterprises Ltd., (SSLEL) representing 36.34% of the total shareholding of SSLEL at a price of Rs.235/- per share. With the said acquisition, the Company now cumulatively holds 32,42,879 equity shares, aggregating to 61.77% of the total shareholding of SSLEL. Consequenlty, the Target Company has become a subsidiary of the Company.