Triveni Turbine Limited has informed the Exchange regarding Appointment of Mr Vipin Sondhi as Independent Director of the company w.e.f. March 17, 2027. subject to shareholders approval in ensuing Annual General Meeting.
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Triveni Turbine Limited announced its Q4 and FY2026 audited financial results alongside board decisions. The company reported standalone revenue of Rs 20,097 million (up 12% YoY) and consolidated revenue of Rs 21,811 million (up 8.7% YoY). Consolidated profit after tax stood at Rs 3,494 million versus Rs 3,586 million last year, impacted by a Rs 157 million one-time charge due to new labour code implementation. The board approved re-appointment of Mr. Vipin Sondhi as Non-Executive Independent Director for another 5-year term effective March 17, 2027, subject to shareholder approval at the ensuing AGM. The company also recommended a final dividend of Rs 2 per share (200%) in addition to the already paid interim dividend of Rs 2.25 per share (225%).
The appointment of Mr. Sondhi for a second term signals board stability and continuity of governance practices. The financial results show solid revenue growth though PAT declined slightly due to one-time exceptional items. The combined dividend payout of 425% indicates strong cash generation and shareholder-friendly policies.