Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Voting Result Of Postal Ballot Along With Scrutinizer'S Report

This is further to our letter dated July 8, 2022 submitting postal ballot notice dated July 7, 2022 seeking approval of the members by way of a special resolution for re-appointment of Mr Jitendra Kumar Dadoo (DIN: 02481702) as an independent director of the Company for a second term of five consecutive years with effect from 21't May, 2022 to 20th May, 2027. In this regard, we enclose herewith the Voting Result in the prescribed format in terms of Regulation 44(3) of the Listing Regulations along with Scrutinizer's Report dated 8th August, 2022 submitted by Mr Suresh Gupta, Practising Company Secretary, the Scrutinizer . The voting result of postal ballot along with scrutinizer's report are also being uploaded on the website of the Company i.e. www.trivenigroup.com and website of KFin Technologies Limited i.e. https://evoting.kfintech.com.
08-08-2022
Bigul

Why you should accumulate shares of Triveni Engineering now

Serves as a good diversification bet given improving prospects for sugar industry; stock currently trades at 226 level
06-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - 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 Analysts/ Investors Conference Call held on 4th August, 2022, post announcement of unaudited financial results for the quarter ended June 30, 2022 has been made available on the website of the Company and the same can be accessed through the following link:- https://www.trivenigroup.com/play_audio?link=files/financial-results/TEIL%20CONCALL%20RECORDING%20Q1%20FY%2023.mp3 This is for your information and record.
04-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulations 47 of the SEBI (LODR) Regulations, 2015 as amended, we enclose copies of the newspapers advertisement pertaining to the unaudited financial results of the Company for the Q1 FY23 ended June 30, 2022 published in the Business Standard (English & Hindi) on 4 th August, 2022.
04-08-2022
Bigul

Q1FY23 Quarterly Result Announced for Triveni Engineering & Industries Ltd.

Sugar company Triveni Engineering & Industries announced Q1FY23 results: Revenue from Operations (Net of excise duty) at Rs 1225.67 crore, a growth of 18.2% Profit before Tax at Rs 88.68 crore Profit after Tax at Rs 66.45 crore Commenting on the Company’s financial performance, Mr. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Engineering & Industries Ltd, said: “We are pleased to note that in the recently concluded Sugar Season (SS) 2021-22, the Company registered good performance despite general trends of low yields and recovery in the state of Uttar Pradesh. Both the engineering businesses have also performed well with robust order booking, this trend is expected to continue and result in revenue growth in FY 23 and FY 24. We are enthused with the performance of the distillery segment. As against capacity of 320 KLPD operated in FY 2021-22, our capacity currently stands at 660 KLPD which will result in significant growth in the turnover and profitability of the distillery segment. We have decided to further expand the capacity by 450 KLPD so that it becomes a sizeable business and provides significant revenue streams. We have full confidence in the commitment of the Government of India (GoI) to the Ethanol Blended Petrol (EBP) programme and are augmenting capacities on dual feedstock basis to provide us flexibility to select the feedstock based on commercial economics. With expected production of 36.2 million tonnes of sugar and exports of 11 million tonnes in the Sugar Season (SS) 2021-22, closing inventories are expected at 6.09 million tonnes. Based on the current sowing, pattern of rainfall and crop condition, production of 35.5 million tonnes of sugar is estimated in the ensuing sugar season i.e. SS 2022-23. To maintain the balance, exports of around 8 million tonnes will be required and hence, it is imperative that clarity is provided on exports for the next season at the earliest to capitalize on the international price opportunities and INR depreciation. With respect to the Company’s sugar business, the previously announced debottlenecking and modernization plans at three of our sugar units are progressing well and we expect this activity to be 4 completed by October 2022 as communicated earlier. For the upcoming sugar season, with increase in cane area by 3% this year, better crop health, more focused crop surveillance plan and a good forecast of monsoon, we expect increase in yield and production and hence cane availability and consequently higher crush for the Company. On the engineering side, we believe both our Power Transmission and Water businesses are well placed for the long-term. In Power Transmission business, we believe the growth in domestic economy along with Atmanirbhar Bharat Abhiyan (Self-reliant India campaign) will drive capex across end user industries. This coupled with the Company’s strategy and plan to increase its global footprint will lead to growth at an accelerated pace in the coming years. In the Water business, the growing water scarcity is catalysing new opportunities in the areas of recycle, reuse and Zero Liquid discharge. We believe that the disruption caused by the pandemic has largely been over and normalcy in business environment is returning which will lead to floating of tenders for new projects as well as finalization of earlier tenders. With its leadership position and robust financials, Triveni is equipped to capitalize on these increased opportunities." Result PDF
03-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Investor Presentation

We send herewith a copy of investors' brief on the performance of the Company for the Q1 FY2023 (consolidated) ended June 30, 2022 for your information. The same is also being made available on the Company's website www.trivenigroup.com.
03-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Meeting Updates

The Board of Directors of the Company at their meeting held today i.e. August 3, 2022, has inter-alia 1. Noted that a new grain based 60 KLPD distillery has been commissioned at Muzaffarnagar along with increase in capacity of existing distilleries at Muzaffarnagar and Milak Narayanpur by 40 KLPD each (from 160 KLPD to 200 KLPD), thereby increasing the Company's overall distillation capacity to 660 KLPD. The aforesaid is in addition to commissioning of a new distillery at Milak Narayanpur & enhancement in the capacity of distillery at Sabitgarh, as intimated earlier. 2. Approved the proposal for setting up two new dual feedstock (sugarcane derived and grain) distilleries with an aggregate capacity of 450 KLPD at Rani Nangal and Sabitgarh, both in the State of Uttar Pradesh at an aggregate cost of about Rs.460 crore, subject to receipt of necessary statutory clearances. With the proposed addition, the total distillation capacity of the Company will stand augmented to 1110 KLPD.
03-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Outcome Of The Board Meeting Held On August 3, 2022

This is to inform you that the Board of Directors of the Company at their meeting held today i.e. August 3, 2022, has inter-alia considered and taken on record/approved the unaudited financial results (stand -alone and consolidated) for the 1st quarter (Q1 FY23) ended June 30, 2022. The said financial results together with Limited Review Reports of the Statutory Auditors of the Company thereon and the Newspaper publication being issued by the Company are enclosed.
03-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulations 30 and 47 of the SEBI (LODR) Regulations, 2015, we enclose herewith copies of the relevant newspapers advertisement regarding Notice of 86 th Annual General Meeting of the Company, E-Voting and other related information published in Financial Express (English) and Jansatta (Hindi) today i.e. 1st August, 2022.
01-08-2022
Bigul

TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Reg. 34 (1) Annual Report.

Please find enclosed the Annual Report of the Company for the FY 2021-22 alongwith the Notice convening the 86th AGM of the Company on Wednesday, 24th August, 2022 at 11:30 A.M. (1ST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Company has appointed M/s KFintech Limited for providing e-voting facility. The remote e-voting period commences on 21st August, 2022 at 10:00 A.M. (IST) and ends on 23rd August, 2022 at 5:00 P.M. (IST). The cut-off date for determining the eligibility of members for e-voting is 17 th August, 2022.
30-07-2022
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