Triveni Engineering and Industries Ltd. (TEIL) reported an explosion at their CO2 plant in Sabitgarh Sugar Unit, Bulandshahr district, Uttar Pradesh. The incident occurred on March 17, 2025, around 3:30 PM, according to a regulatory filing by the company.

Incident Details

• The explosion took place at the CO2 plant of Triveni Engineering's Sabitgarh Sugar Unit.
• No loss of life or casualties have been reported.
• The cause of the explosion is yet to be ascertained.

Business Impact

Triveni Engineering has assured stakeholders that their business operations remain unaffected by the explosion. The company stated in its filing to the stock exchanges that "business operations on premises are not affected."

Company's Response

TEIL has committed to providing further information as the situation develops. Geeta Bhalla, Group Vice President & Company Secretary of Triveni Engineering & Industries Ltd., signed the regulatory filing, indicating the company's prompt response to the incident.

Investor Communication

The company's swift disclosure of the incident, in accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, demonstrates its commitment to transparency with investors and regulatory compliance.

Triveni Engineering and Industries Ltd. will likely provide updates on the incident and any potential impact on its operations in due course. Investors and stakeholders are advised to monitor official communications from the company for further details.

Triveni Engineering & Industries Ltd. (TEIL) has achieved a significant milestone in the Indian Made Foreign Liquor (IMFL) sector, with its premium whisky brands earning prestigious international recognition. The company's recent foray into the spirits segment has yielded impressive results, showcasing its commitment to quality and innovation in the competitive alcoholic beverage market.

Global Recognition for Indian Craftsmanship

At the Superior Taste Awards 2025, hosted by the International Taste Institute in Brussels, Triveni's whisky brands made a remarkable impact:

• The Crafters Stamp Rare Artisan Blended Whisky received the highest accolade of 3 Golden Stars for "Exceptional Product," scoring above 90%. This achievement marks a historic first for an Indian Made Blended Whisky.
• Matsya Triple Reserve Blended Whisky earned a commendable 2-Star rating, scoring between 80% to 90%, further solidifying its position as a premium offering.

These accolades follow the brands' success at the Spiritz Selection 2024, where The Crafters Stamp won "The Grand Gold" and Matsya secured the "Silver" award.

Crafting Excellence in Every Sip

The Crafters Stamp Rare Artisan Blended Whisky

• Blend: Scotch malts aged in bourbon and sherry oak casks, mature Indian malts, and fine grain spirits
• Flavor profile: Rich with floral notes, toffee caramel, and warm oak, enhanced by hints of summer fruits and vanilla

Matsya Triple Reserve Blended Whisky

• Blend: Bourbon and sherry cask-aged Scotch malts, Indian malts, and grain spirits
• Flavor profile: Deep vanilla aroma with a smooth honey finish

Strategic Market Expansion

• Launched: July 2024
• Initial market: 25 districts in Uttar Pradesh
• Future plans: Expansion across Uttar Pradesh by FY26
• Goal: Capture a larger share of the growing premium spirits market

Leadership Perspectives

Tarun Sawhney, Vice Chairman & Managing Director of Triveni Engineering & Industries Ltd., stated:

"We launched our IMFL brands in July 2024, and within a few months, they have received both national and international recognition. This reflects our unwavering commitment to delivering world-class products that resonate with the evolving tastes of today's whisky consumers."

Sameer Sinha, Chief Executive Officer (Sugar business), added:

"These accolades reaffirm our vision of establishing Triveni's IMFL brands as benchmarks of quality and craftsmanship. Both The Crafters Stamp and Matsya represent our relentless pursuit of creating premium experiences that resonate with the evolving preferences of whisky enthusiasts."

A New Chapter in Triveni's Diversification

This success in the spirits segment highlights Triveni Engineering's successful diversification strategy. Known primarily for its sugar and engineering businesses, the company has now established itself as a formidable player in the premium alcoholic beverage market.

As Triveni Engineering continues to innovate and expand its product portfolio, these international accolades serve as a testament to the company's commitment to quality and its ability to compete on a global stage in the premium spirits category.