Triveni Turbine Limited Declares Interim Dividend for the Financial Year 2023-2024, Payable on or Before February 29, 2024
February 05, 2024 at 06:00 am
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Triveni Turbine Limited at it board meeting held on February 5, 2024, declared an interim dividend of INR 1.30 per fully paid-up equity share of the face value of INR 1 each for the financial year 2023-2024, and fixed February 16, 2024 as the Record Date for purpose of ascertaining the entitlement of Members/Beneficial Owners to the said interim dividend. The interim dividend shall be paid (subject to deduction of tax at source) on or before February 29, 2024 to those equity shareholders of the Company whose names appear in the Register of Members of the Company or in the records of the Depositories as Beneficial Owners as on the Record Date.
Triveni Turbine Limited is an India-based industrial steam turbine manufacturer. The Company is primarily engaged in the business of manufacturing and supplying power generating equipment and solutions and has manufacturing facilities in Bengaluru, Karnataka. Approximately 6,000 steam turbines supplied by the Company are installed across 20 industries in over 75 countries, including Europe, Africa, Central and Latin America, Southeast Asian and South Asian Association for Regional Cooperation countries. It Triveni caters to varied and diverse industries, including biomass IPP, municipal solid waste IPP, district heating, palm oil, paper, sugar, naval, textiles, metals, cement, carbon black, solvent extraction, pharmaceutical, chemicals, petrochemicals, fertilizers, oil and gas municipal solid waste based independent power plants (IPPs), and captive power plants (CPPs). The Companyâs products include backpressure turbines, condensing turbines, API steam turbines and smart turbines.