Triveni Turbine Board Approves FY26 Results, 200% Final Dividend, Re-appoints Independent Directors
Triveni Turbine's board approved audited FY26 results and recommended a final dividend of ₹2 per share. Vijay Kumar Thadani was re-appointed as an Independent Director from December 15, 2026, to December 14, 2031, and Vipin Sondhi from March 17, 2027, to March 16, 2032. M/s. J.H.& Associates appointed Cost Auditor for FY27. AGM scheduled for September 9, 2026; record date for dividend is September 2, 2026.
The financial results and dividend announcement are likely to have a moderate positive impact on investor confidence. The re-appointments ensure continuity in leadership.
The announcement includes positive financial results, dividend declaration, and re-appointment of key personnel, indicating stability and growth.
The Board of Directors of Triveni Turbine Limited approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The board also recommended a final dividend of 200%, which is ₹2 per equity share with a face value of ₹1 each, for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting (AGM) scheduled for Wednesday, September 9, 2026. If approved, the dividend will be paid within 30 days of declaration, after deducting tax at source. The record date for determining entitlement for the final dividend is set as Wednesday, September 2, 2026.
The Board re-appointed Mr. Vijay Kumar Thadani as a Non-Executive Independent Director for a further period of 5 years, effective from December 15, 2026, until December 14, 2031, and Mr. Vipin Sondhi as a Non-Executive Independent Director for a further period of 5 years, effective from March 17, 2027, until March 16, 2032, subject to shareholders’ approval at the ensuing AGM. Additionally, M/s. J.H.& Associates, Cost Accountants, were appointed as the Cost Auditor for the financial year 2026-27, with remuneration subject to ratification by shareholders at the upcoming AGM.
The meeting commenced at 12:15 P.M. and concluded at 4:50 P.M. The company's statutory auditors, M/s. Walker Chandiok & Co LLP, issued audit reports with unmodified opinions on the audited financial results. Dhruv M. Sawhney, Chairman & Managing Director, noted that the audited standalone financial results have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors at their meeting held on May 18, 2026.
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