Triveni Turbines Limited has successfully allotted 4,187 equity shares under its Employee Stock Unit Plan 2023, marking another milestone in the company's employee benefit initiatives. The Share Allotment Committee of the Board of Directors approved this allotment on January 5, 2026, during their meeting held at 6:20 P.M.

Share Allotment Details

The allotment comprises 4,187 equity shares with a face value of ₹1 each, arising from the exercise of vested options under the company's employee stock unit plan. The shares were exercised at ₹1 per share with no premium component.

Impact on Share Capital

Following this allotment, the company's capital structure has been updated to reflect the increased shareholding base. The issued and paid-up share capital has grown from the previous level to accommodate the new equity shares.

Regulatory Compliance and Share Characteristics

The allotment was conducted in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and Regulation 10(c) of the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021. The company filed the initial statement for this employee stock unit plan on October 31, 2023, with filing numbers BSE: 187767 and NSE: 38201.

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders. No lock-in period applies to these shares, and no listing fees are payable for this allotment. The distinctive numbers for the newly issued shares range from 329981508 to 329985694.

Employee Stock Unit Plan Framework

The Triveni Turbine Limited - Employee Stock Unit Plan 2023 serves as the framework under which these shares were issued. This plan demonstrates the company's commitment to employee participation in its growth story through equity-based compensation mechanisms. The shares are issued in dematerialized form under ISIN INE152M01016, facilitating seamless trading and transfer processes for the beneficiaries.

Triveni Turbines , a leading manufacturer of industrial steam turbines, has taken a significant step towards advancing energy transition technologies by inaugurating the Triveni Turbines Centre of Excellence at the Indian Institute of Science (IISc), Bengaluru. This new research and development facility, launched on November 21, 2025, aims to drive innovation in turbomachinery and sustainable energy solutions.

Key Highlights of the Centre of Excellence

• Purpose: The centre focuses on developing sustainable, high-efficiency systems to improve industrial process performance, enhance energy efficiency, and reduce carbon emissions.
• Collaboration: Built on a long-standing partnership between Triveni Turbines and IISc, the centre strengthens academia-industry collaboration in energy transition research.
• Previous Success: The partnership has already yielded results, including the development of CO₂ heat pump systems for energy-efficient industrial solutions.

Dhruv Manmohan Sawhney Turbomachinery Chair

In addition to the Centre of Excellence, IISc has established the 'Dhruv Manmohan Sawhney Turbomachinery Chair'. This initiative will:

• Support fundamental and applied research in turbomachinery
• Focus on thermal energy, energy transition solutions, and next-generation sustainable systems
• Encourage future-ready innovation and nurture scientific talent

Impact and Expectations

Mr. Dhruv M. Sawhney, Chairman & Managing Director of Triveni Turbine Ltd., emphasized the importance of collaborative innovation, stating, "The Triveni Turbines Centre of Excellence at IISc will serve as a catalyst for pioneering research in turbomachinery and sustainable energy technologies, while also nurturing the next generation of engineering talent."

Prof. G. Rangarajan, Director of IISc, expressed enthusiasm about the partnership, saying, "We look forward to exciting new research outcomes from these initiatives."

Research Infrastructure and Focus Areas

The Centre of Excellence is equipped with state-of-the-art testing and research infrastructure. It will bring together engineers and researchers to work on:

1. Performance optimization
2. Materials innovation
3. Sustainable design

This initiative reinforces Triveni Turbines' commitment to engineering excellence and its vision of contributing to India's sustainable industrial growth.

About Triveni Turbine Limited

Triveni Turbine Limited is a market leader in industrial steam turbines, with a global presence in over 80 countries. The company specializes in:

• Industrial heat and power solutions
• Decentralized steam-based renewable turbines up to 100 MW
• Aftermarket services for turbines and rotating equipment

Triveni Turbines' diverse clientele spans industries such as Sugar, Distilleries, Steel, Cement, Textiles, Chemicals, Oil & Gas, and many more.

This new Centre of Excellence represents a significant step in Triveni Turbines' ongoing efforts to drive innovation in the energy sector and contribute to sustainable industrial practices.