Triveni Engineering & Industries Ltd has issued a formal notice to stock exchanges regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) under regulatory compliance requirements.

Regulatory Compliance Notice

The company has fulfilled its regulatory obligations by publishing newspaper advertisements in Financial Express (English) and Jansatta (Hindi) on December 18, 2025, as required under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholder Communication Details

The notice encompasses specific actions taken by the company to inform affected shareholders:

IEPF Transfer Process

Under Section 124 of the Companies Act, 2013, and applicable rules, unclaimed dividend amounts lying in the company's Unpaid Dividend Account for seven years must be transferred to the IEPF. The interim dividend for financial year 2018-19 will be transferred within 30 days from the due date of March 17, 2026.

Shareholder Action Required

Shareholders who have not claimed or encashed their dividend warrants are advised to submit their claims before the March 10, 2025 deadline. The company has provided detailed procedures for claiming unclaimed dividends through RTGS/NEFT to shareholders' bank accounts.

Share Transfer Implications

As per Section 124(6) and IEPF Authority Rules, 2016, shares corresponding to unclaimed dividends for seven consecutive years will be transferred to the IEPF's demat account. Once transferred, shareholders can reclaim their shares and dividends by submitting Form IEPF-5 available on www.iepf.gov.in .

The notice was signed by Geeta Bhalla, Group Vice President & Company Secretary (M.No. A9475), and sent to both BSE Limited and National Stock Exchange of India Ltd for regulatory compliance.

Triveni Engineering & Industries has reported a robust performance for the first half of fiscal year 2026, with revenues from operations surging by 18.4% to over ₹3,300 crore. The company's financial results demonstrate significant growth across its key business segments, particularly in sugar and allied businesses.

Financial Highlights

• Profit Before Tax (PBT) stood at ₹32.00 crore, nearly tripling from ₹11.50 crore in the previous corresponding period.
• Profit After Tax (PAT) reached ₹23.50 crore, up from ₹8.60 crore in the same period last year.
• The Sugar and allied businesses saw a 21% increase, while Engineering Businesses grew by 8%.

Segment-wise Performance

Sugar Business

• Revenues for H1 increased by 22%, supported by a 14% increase in sugar dispatches and a 4% rise in realizations.
• The company's sugar inventory as of September 30, 2025, stood at 16.90 lakh quintals, valued at ₹37.40 per kilo.

Alcohol Business

• The Distillery operations showed significant improvement in profitability, driven by corrections in input prices and a focus on cost optimization.
• Ethanol constituted 92% of alcohol sales in Q2 FY26.

Power Transmission Business

• Secured healthy quarterly results with PBIT margins improving by more than 400 basis points.
• The improvement was attributed to better product mix and cost optimization efforts.
• Registered 9 new OEM customers in the product segment during H1 FY26.

Outlook and Strategic Initiatives

Tarun Sawhney, Vice Chairman and Managing Director, commented on the company's performance and future prospects:

"We remain optimistic about delivering an improved performance in FY26, given the various situations that our business segments are encountering. The company has implemented a series of strategic and well-considered initiatives to tackle key challenges across all our business segments."

Key points for the outlook include:

1. Expectations of substantial increase in sugar production due to higher cane availability and projected recovery improvements.
2. Positive sentiment regarding sugar recovery rates, supported by favorable weather conditions and disease management.
3. Anticipated growth in the Power Transmission Business, with a strong focus on large gearboxes and diversification beyond steam turbines.
4. Ongoing digital transformation initiatives across the group, including ERP migration and implementation of CRM systems.

Corporate Actions

The proposed scheme of arrangement for the amalgamation with SSEL and demerger of the Power Transmission business has been approved by stock exchanges. NCLT stakeholder meetings are scheduled for the end of November and early December, keeping the process on track for culmination in Q4 of the current fiscal year.

Triveni Engineering & Industries continues to navigate the dynamic market conditions, with its diversified portfolio and strategic initiatives positioning it well for sustained growth in the coming quarters.