TRIVENI TURBINE LTD. - 533655 - Compliances-Reg.24(A)-Annual Secretarial Compliance
In terms of Regulation 24A of SEBI (LODR) Regulations, 2015 read with SEBI Circular NO. CIRlCFD/CMD1I27/2019 dated February 8, 2019, we enclose herewith Annual Secretarial Compliance Report of the Company for the financial year ended 31 st March, 2022 issued by Mr. Sanjay Grover & Associates, Company Secretaries. TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our letter dated May 17, 2022, we enclose herewith a copy of the transcript of the Analysts/Investors Call on the Audited Standalone and Consolidated Financial Results of Triveni Turbine Limited for the quarter ended March 31, 2022 held on Monday, May 16, 2022. The same is also being made available on the Company's website at: https://www.triveniturbines.com. TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we enclose the following documents 1. Copies of the advertisements published in FINANCIAL EXPRESS (English) and JANSATTA (Hindi) on 23rd May, 2022. 2. Copy of reminder letter sent to shareholders who have not claimed their dividend for seven or more consecutive years and have not encashed/ claimed the Final dividend for the financial year 2014-15. The shares of these shareholders are liable to be transferred to the Investor Education and Protection Fund pursuant to Section 124 (6) of the Companies Act, 2013 read with relevant rules. The last date for submission of claims by these shareholders is 8th September, 2022.
Buy Triveni Turbine; target of Rs 273: YES Securities
YES Securities is bullish on Triveni Turbine has recommended buy rating on the stock with a target price of Rs 273 in its research report date May 16, 2022. TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 46 of SEBI (LODR) Regulations, 2015, this is to inform you that the audio recording of the Analyst/ Investor Conference Call held on 16th May, 2022 post announcement of audited financial results for the quarter and year ended March 31, 2022 has been made available on the website of the Company and the same can be accessed through the following link:- https://www.triveniturbines.com/conference-call-recordings.html This is for your information and record. TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 we enclose herewith the copies of the public notice of Postal Ballot of the Company, instructions of e-voting and other related information published on January 28,2022 in the following newspapers Financial Express (English ) and Jansatta ( Hindi ) Q4FY22 Quarterly Result Announced for Triveni Turbine Ltd.
Heavy Electrical Equipment company Triveni Turbine declares Q4FY22 result: Revenue from Operations for FY 22 at Rs 8.52 billion, an increase of 21% YoY EBITDA for FY 22 at Rs 1.92 billion, up 15% YoY, with a margin of 22.5% PAT for FY 22 at Rs 2.7 billion, an increase of 164% YoY Highest ever annual order booking of Rs 11.8 billion in FY 22 Record outstanding carry forward order book as on March 31, 2022 of Rs 9.7 billion Acquired 70% stake in TSE Engineering (Pty.) Ltd. (TSE) in South Africa for a cash consideration of ZAR 11.9 million (Rs 57.6 million) to further strengthen the Company’s position in aftermarket business in the South African Development Community (SADC) region The Board of Directors has recommended payment of final dividend @ 85% (Rs 0.85 per equity share of Rs 1 each) and 2nd special dividend @ 70% (Rs 0.70 per equity share of Rs 1 each) for the financial year 2021-22, subject to shareholders’ approval. Commenting on the Company’s financial performance and recent developments, Mr. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Turbine Limited, said: “FY 22 has been a year of many milestones for Triveni Turbines. The Company achieved its highest ever turnover at Rs 8.52 billion, which is a growth of 21% over the previous financial year. Similarly, on the order booking front, the Company reported its highest ever order booking of Rs 11.8 billion which provides good visibility for growth in FY 23. During Q4 FY 22, the Company has completed acquisition of 70% stake in TSE Engineering (Pty.) Ltd. (TSE) in South Africa for a cash consideration of ZAR 11.9 million (Rs 57.6 million). This acquisition will get us closer to the customer base in the South African Development Community (SADC) region and further the Company’s position in aftermarket segment. As announced before, the Company is independently approaching the above 30-100 MW segment, following the amicable resolution with General Electric and Baker Hughes pertaining to Triveni Energy Solutions Limited (TESL) (formerly GETL) that was announced earlier in the financial year. This segment will increase our addressable market considerably and we remain confident of increasing our market share rapidly as a ‘challenger’ in this segment in the coming years Coming to the other highlights of the year, in FY 22, the Company’s domestic enquiry book showed an increase of 57% compared to the previous financial year with enquiries generated from the key sectors such as process co-generation, Food Processing, Distillery, Pulp & Paper, Chemicals etc. followed by Cement, Sugar and Oil & Gas segment. West region garnered higher enquiry base followed by South and North regions." Result PDF TRIVENI TURBINE LTD. - 533655 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Further to our letter dated I Th March, 2022 intimating the appointment of Mr. Vipin Sondhi (DIN: 00327400) as Additional Director (Non-Executive Independent Director) and Mr. Pulak Chandan Prasad (DIN: 00003557) as Additional Director (Non-Executive Non Independent Director). We enclose, in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, a copy of the Postal Ballot Notice dated 13th May, 2022 together with the Explanatory Statement thereto, seeking approval of the Members for their respective appointment as a Non-Executive Independent Director/ Independent Director of the Company, as set out in the said Notice. TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 we enclose copies of the newspaper advertisements pertaining to the Audited financial results of the company for the Q4 and year ended March 31, 2022. The advertisements were published in i) Business Standard (English) and (Hindi) on 14th May 2022 ii) Business Line (English) on 14th May , 2022. This is for your kind information and records.
