M&A Critique

TRIVENI Group consolidates its Sugar Mills & Distillery while demerging its Power Transmission Business

The Board of Directors of Triveni Engineering & Industries Limited announced the consolidation of its recently acquired listed company followed by the separation of its power transmission business.

Triveni Engineering & Industries Limited (“TEIL” or “Demerged Company” or “Transferee Company”) is engaged in three business verticals:

Aniruddha Jain