Management Change29 Jul 2026, 06:41 pm
Triveni Engineering Appoints Vivek Viswanathan as Whole-time Director
AI Summary
Triveni Engineering & Industries Ltd announced the appointment of Mr. Vivek Viswanathan as an Additional Director, designated as Whole-time Director and Key Managerial Personnel (KMP). This appointment is effective from August 1, 2026, for a term of five years and is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also approved its unaudited standalone and consolidated financial results for Q1 FY27 and revised remuneration for its Vice Chairman & Managing Director, Mr. Tarun Sawhney. Additionally, Triveni Engineering's holding in Triveni Power Transmission Ltd. (TPTL) diluted to 29.88%, making TPTL an associate company.
Key Highlights
- Vivek Viswanathan appointed Whole-time Director and KMP for five years.
- Appointment effective August 1, 2026, pending shareholder approval.
- Company approved Q1 FY27 unaudited financial results.
- Remuneration for MD Tarun Sawhney revised.
- TPTL is now an associate company after shareholding dilution.
Price Impact
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