Triveni Turbine COO Sachin Parab resigns effective October 1, 2026

0 min read | Published on 01 Oct 2026, 08:28 PM |Updated on 01 Oct 2026, 08:28 PM

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Naman SScanX News Team

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Key Highlights

Sachin Parab resigned as Chief Operating Officer of Triveni Turbine
Resignation effective from close of business on October 1, 2026
Reason cited was exploring opportunities outside the organization
Filing made under Regulation 30 of SEBI Listing Regulations

*this image is generated using AI for illustrative purposes only.

Triveni Turbine Limited announced that Sachin Parab, Chief Operating Officer and Key Managerial Personnel, has resigned from his position. The resignation is effective from the close of business hours on October 1, 2026.

Parab stated in his resignation letter dated September 16, 2026, that he intends to explore opportunities outside the organization. The company accepted this resignation pursuant to Regulation 30 of the SEBI Listing Regulations.

Resignation Details

The disclosure was made to BSE and National Stock Exchange of India. The company confirmed that Parab’s cessation from office is due to resignation. No other Key Managerial Personnel changes were disclosed in this filing.

Particular	Detail
Name	Sachin Parab
Designation	Chief Operating Officer (KMP)
Reason for Change	Resignation to explore opportunities outside
Effective Date	October 1, 2026

Regulatory Compliance

The company enclosed the resignation letter and required details as per the Master Circular issued by the Securities and Exchange Board of India. The filing was signed by Pulkit Bhasin, Company Secretary. Triveni Turbine did not disclose any interim arrangement or successor appointment in this specific notice.

Historical Stock Returns for Triveni Turbines

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.04%	-3.57%	-11.97%	+9.97%	-2.92%	+196.38%

Who has been appointed as the interim Chief Operating Officer to ensure operational continuity after October 1, 2026?

How might this leadership change impact Triveni Turbine's ongoing capital expenditure projects and delivery timelines?

Are there any rumors or confirmed reports regarding Sachin Parab joining a direct competitor in the industrial turbine sector?

Triveni Turbines

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Triveni Turbine declares ₹2 per share final dividend at 31st AGM

1 min read | Published on 09 Sept 2026, 09:28 PM |Updated on 09 Sept 2026, 09:28 PM

Reviewed by

Ashish TScanX News Team

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Key Highlights

Triveni Turbine declared a final dividend of ₹2 per share for FY26
Total dividend payout for the year stands at ₹4.25 per share including interim
Directors Dhruv M. Sawhney, Vijay Kumar Thadani, and Vipin Sondhi were re-appointed
The 31st AGM was held virtually on September 9, 2026 with 163 attendees

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Triveni Turbine held its 31st Annual General Meeting on September 9, 2026. The company declared a final dividend of ₹2 per equity share for FY26.

The meeting was conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM) in compliance with SEBI and Ministry of Corporate Affairs guidelines. Chairman Dhruv M. Sawhney and Vice Chairman Nikhil Sawhney briefed members on financial performance and future prospects.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions during the proceedings. The key outcomes include:

Resolution Type	Description	Status
Ordinary	Adoption of Audited Financial Statements for FY26	Passed
Ordinary	Declaration of Final Dividend of ₹2 per share	Passed
Ordinary	Re-appointment of Dhruv M. Sawhney as Director	Passed
Special	Re-appointment of Vijay Kumar Thadani as Independent Director	Passed
Special	Re-appointment of Vipin Sondhi as Independent Director	Passed
Ordinary	Ratification of Cost Auditor remuneration	Passed

The company confirmed payment of an interim dividend of ₹2.25 per equity share earlier in the year. This brings the total dividend payout for FY26 to ₹4.25 per share.

Governance Updates

Mr. Dhruv M. Sawhney retires by rotation and offered himself for re-appointment as a Director. Additionally, the board sought shareholder approval for the re-appointment of independent directors Mr. Vijay Kumar Thadani and Mr. Vipin Sondhi for a second term of five years each.

Voting Process

The company provided remote e-voting facilities via KFin Technologies Limited from September 6 to September 8, 2026. Members attending the virtual meeting could also cast votes through an insta-poll facility. A total of 163 members, including 12 promoters, attended the AGM.

The scrutinizer’s report and consolidated voting results will be communicated to BSE and NSE separately.

Historical Stock Returns for Triveni Turbines

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.04%	-3.57%	-11.97%	+9.97%	-2.92%	+196.38%

How will the modest dividend payout of ₹4.25 per share impact Triveni Turbine's free cash flow and capital allocation strategy for FY27?

What specific growth initiatives or capacity expansion plans did Chairman Dhruv M. Sawhney outline during the AGM to drive future revenue?

Will the re-appointment of independent directors Vijay Kumar Thadani and Vipin Sondhi signal any upcoming changes in corporate governance or strategic oversight?

Triveni Turbines

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