Triveni Turbine Limited Schedules Board Meeting on May 18, 2026 to Consider FY26 Financial Results and Dividend

Triveni Turbine Limited has notified the stock exchanges of a forthcoming Board of Directors meeting, scheduled for Monday, May 18, 2026, in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed by Company Secretary Pulkit Bhasin on May 08, 2026, bearing reference number TTL: SE: 05/01.

Key Agenda Items

The board meeting has been convened to deliberate on two primary matters. The following table outlines the agenda as disclosed in the regulatory filing:

Agenda Item: Details Financial Results: Approval of Audited Financial Results (Standalone & Consolidated) for Q4 and FY ended March 31, 2026 Dividend Recommendation: Consideration of final dividend, if any, on equity share capital for FY2025-26 Meeting Date: Monday, May 18, 2026 Regulatory Basis: Regulation 29, SEBI Listing Regulations

Trading Window Closure

In accordance with the Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relatives under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities remains closed. As communicated earlier via a letter dated March 24, 2026, the closure took effect from April 1, 2026, and will continue until the completion of 48 hours after the publication of the aforementioned financial results. This restriction applies to all designated persons of the company and their immediate relatives.

Company Overview

Triveni Turbine Limited operates with its registered and corporate office located at 401, BPTP Capital City, Sector 94, Noida, Uttar Pradesh. The company maintains two manufacturing facilities in Karnataka — one at Peenya Industrial Area, Bengaluru, and another at Sompura Industrial Area, Nelamangala Taluk, Bengaluru. The regulatory filing was duly signed and submitted to both BSE Limited and the National Stock Exchange of India Limited.

Triveni Turbines Limited has successfully completed the merger of its two step-down wholly owned subsidiaries in South Africa, marking a significant step in streamlining its international operations. The merger between TSE Engineering (Pty) Ltd and Triveni Turbines Africa (Pty) Ltd became effective from April 01, 2026, following regulatory approval.

Merger Details and Regulatory Approval

The Companies and Intellectual Property Commission, South Africa (CIPC) approved the merger through its letter dated April 14, 2026. Under the approved scheme, TSE Engineering (Pty) Ltd has been merged into Triveni Turbines Africa (Pty) Ltd, with TSE Engineering subsequently dissolved and ceasing to be a step-down wholly owned subsidiary of the company.

Parameter: Details Effective Date: April 01, 2026 Approval Date: April 14, 2026 Regulatory Authority: Companies and Intellectual Property Commission, South Africa Surviving Entity: Triveni Turbines Africa (Pty) Ltd Dissolved Entity: TSE Engineering (Pty) Ltd

Financial Performance of Merged Entities

Both subsidiaries demonstrated substantial business operations prior to the merger. The financial performance for the year ended March 31, 2025, shows the scale of operations being consolidated.

Entity: Turnover (INR) Turnover (South African Rand) Triveni Turbines Africa (Pty) Ltd: Rs.119 crore 257 million TSE Engineering (Pty) Ltd: Rs.50 crore 109 million

Business Operations and Strategic Rationale

Both entities operate in the specialized field of general mechanical high precision engineering, focusing on:

Supply of spares for rotating industrial machinery

Repairs and overhauling of steam turbines

Maintenance of compressors and blowers

Other rotating industrial machinery services

The merger has been undertaken to achieve several strategic objectives:

Simplify the group's corporate structure in South Africa

Enhance operational and administrative efficiencies

Consolidate operations into a single unified legal entity

Enable improved governance and streamlined reporting

Regulatory and Compliance Aspects

The transaction qualifies as a related party transaction since both entities are step-down wholly owned subsidiaries of Triveni Turbines Limited. However, the provisions of Regulation 23(5)(c) of the SEBI Listing Regulations are not applicable to transactions between two wholly owned subsidiaries.

Compliance Aspect: Status Related Party Transaction: Yes SEBI Regulation 23(5)(c) Applicable: No Cash Consideration: None Share Exchange Ratio: Not applicable Impact on Shareholding Pattern: None

The merger involves no cash consideration or share exchange ratio, as both entities are 100% owned within the same group. The consolidation is carried out under the internal restructuring mechanism permitted by South African corporate law and will not result in any change to the shareholding pattern of the listed entity.

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