Triveni Turbine Board Approves FY26 Results, Re-appoints Directors, Declares ₹2 Dividend
Triveni Turbine's board approved FY26 audited results and re-appointed Mr. Vijay Kumar Thadani and Mr. Vipin Sondhi as Independent Directors. A final dividend of ₹2 per share (200%) was recommended, pending shareholder approval at the AGM on September 9, 2026. The record date for dividend eligibility is September 2, 2026. M/s. J.H.& Associates was appointed as Cost Auditor for FY27.
The dividend announcement and director re-appointments are likely to have a moderate positive impact on investor sentiment.
The announcement includes positive elements such as approval of financial results, declaration of dividend and reappointment of directors.
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, in its meeting held on May 18, 2026. The board also recommended the re-appointment of 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 Annual General Meeting (AGM).
Additionally, the board recommended a final dividend of 200%, i.e., ₹2 per fully paid-up equity share of the face value of ₹1 each for the financial year 2025-26, subject to the approval of shareholders at the AGM to be held on Wednesday, September 9, 2026. The dividend, if declared, shall be paid to the shareholders within thirty days from the date of declaration, subject to deduction of tax at source. The record date for determining entitlement of members for payment of the final dividend is fixed as Wednesday, September 2, 2026.
The board also approved the appointment of M/s. J.H.& Associates, Cost Accountants, as Cost Auditor of the Company for the financial year 2026-27, at a remuneration subject to ratification by the shareholders at the ensuing AGM. The meeting commenced at 12:15 P.M. and concluded at 4:50 P.M.
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Triveni Turbine Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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