Triveni Turbine declares ₹2 per share final dividend at 31st AGM
- 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
*this image is generated using AI for illustrative purposes only.
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 |
|---|---|---|---|---|---|
| -2.68% | -2.32% | -11.22% | +19.74% | +11.22% | +298.62% |
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?
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