Re-appointment of Mr. Vijay Kumar Thadani as an Independent Directors for a second term, subject to shareholders approval in ensuing Annual General Meeting.
TRITURBINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Triveni Turbine Limited's Board of Directors met on May 18, 2026 and approved several items. The Board recommended re-appointing two Independent Directors for second terms: Mr. Vijay Kumar Thadani for 5 years (Dec 2026 to Dec 2031) and Mr. Vipin Sondhi for 5 years (March 2027 to March 2032), subject to shareholder approval at the AGM on September 9, 2026. For FY 2025-26, standalone revenue grew to Rs. 20,097 million (up 12% from Rs. 17,952 million), with net profit after tax of Rs. 3,367 million. Consolidated revenue reached Rs. 21,811 million with net profit of Rs. 3,494 million. The Board recommended a final dividend of Rs. 2 per share (200%), in addition to Rs. 2.25 interim dividend already paid. Statutory auditors Walker Chandiok & Co LLP issued unmodified opinions on the financial results.
The re-appointment of experienced independent directors and strong financial performance with double-digit revenue growth and consistent profitability are positive signals for shareholders. The total dividend of Rs. 4.25 per share demonstrates healthy cash generation.