Management Change29 Jul 2026, 06:50 pm
Tarun Sawhney ceases KMP role at Triveni Engineering
AI Summary
Triveni Engineering & Industries Ltd announced that Mr. Tarun Sawhney has ceased to be a Key Managerial Personnel (KMP) of the company effective July 28, 2026, upon his appointment as Managing Director of Triveni Power Transmission Ltd. He will continue as Vice Chairman & Managing Director of Triveni Engineering. The board also approved unaudited financial results for Q1 FY27, revised remuneration for Mr. Sawhney, and the appointment of Mr. Vivek Viswanathan as Additional Director and KMP. The company's holding in Triveni Power Transmission Ltd. diluted to 29.88%, making it an associate company.
Key Highlights
- Tarun Sawhney no longer KMP at Triveni Engineering, moves to associate.
- Board approves Q1 FY27 unaudited financial results.
- Remuneration revision for Tarun Sawhney approved.
- Vivek Viswanathan appointed as Additional Director and KMP.
- Triveni Power Transmission becomes an associate company.
Price Impact
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