Triveni Engineering Declares Q1 FY27 Unaudited Results
Triveni Engineering & Industries Ltd. announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The board also approved revisions to the remuneration of Vice Chairman & Managing Director, Mr. Tarun Sawhney, subject to shareholder approval. Additionally, the company noted that Triveni Power Transmission Ltd. (TPTL) has ceased to be a subsidiary and is now an associate, following a dilution of Triveni Engineering's holding to 29.88% after TPTL's equity share allotment. The appointment of Mr. Vivek Viswanathan as an Additional Director, Whole-time Director, and Key Managerial Personnel for five years, also subject to shareholder approval, was approved.
Key Highlights
- Approved unaudited standalone and consolidated financial results for Q1 FY27.
- Revised remuneration for Vice Chairman & MD Tarun Sawhney.
- TPTL is now an associate company, no longer a subsidiary.
- Triveni's stake in TPTL diluted to 29.88%.
- Appointed Vivek Viswanathan as Additional Director and Whole-time Director.
Price Impact
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