Triveni Engineering Appoints Vivek Viswanathan as Whole Time Director
Triveni Engineering & Industries Ltd announced the appointment of Mr. Vivek Viswanathan as an Additional Director, designated as Whole Time Director and Key Managerial Personnel. This appointment is for a period of five years, effective August 1, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting. The company also approved unaudited financial results for Q1 FY27 and revised remuneration for its Vice Chairman & Managing Director. Additionally, Triveni'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 for five years from Aug 1, 2026.
- Appointment requires shareholder approval at the ensuing AGM.
- Company reported Q1 FY27 unaudited financial results.
- TPTL is now an associate company after share allotment.
- Remuneration for MD revised, subject to shareholder nod.
Price Impact
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