Triveni Turbine Board Approves FY26 Results, Recommends ₹2 Dividend, Reappoints Directors
Triveni Turbine's board approved audited FY26 results and recommended a final dividend of ₹2 per share, pending shareholder approval at the AGM on September 9, 2026; record date is September 2, 2026. Vijay Kumar Thadani and Vipin Sondhi were re-appointed as Independent Directors for five years, effective December 15, 2026, and March 17, 2027, respectively. J.H.& Associates appointed Cost Auditor for FY27.
The dividend announcement and key director re-appointments have a moderate impact on investor sentiment and company stability.
The announcement includes positive elements such as the approval of financial results, the recommendation of a dividend, and the re-appointment of key personnel, which are generally perceived favorably.
The Board of Directors of Triveni Turbine Limited met on May 18, 2026, and approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The board has recommended a final dividend of 200% i.e. ₹2 per equity share of face value of ₹1 each for the financial year 2025-26, subject to shareholders' approval at the Annual General Meeting (AGM) scheduled for Wednesday, September 9, 2026. If approved, the dividend will be paid within 30 days of the declaration, subject to deduction of tax at source. The record date for determining entitlement for the dividend is set as Wednesday, September 2, 2026.
The Board also approved 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 upcoming AGM. Additionally, M/s. J.H.& Associates, Cost Accountants, were approved as the Cost Auditor for the financial year 2026-27, with remuneration subject to ratification by shareholders at the 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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