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Triveni Power Transmission lists on BSE, NSE following demerger

NSE left its position unchanged.

· Economic Times Markets, ET Stocks

Triveni Power Transmission Ltd (TPTL) listed 10.48 crore equity shares on BSE and NSE following its demerger from Triveni Engineering & Industries. Shareholders received 1 TPTL share for every 3 shares held. The independent listing aims to enhance business focus on high-speed gearboxes and power transmission equipment.

  • With NSE, BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • Sectors in the story: Power.

Power

1M -6.9% · 3M -13.2%

Sector moves are the average of the stocks we track in each sector.

Power