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S&P
BSE SENSEX
74,178.70
-160.74
-0.22 %
Corporate Announcement
Security Code
532356
Company
Triveni Engineering & Industries Ltd
Exchange Received Time
10/08/2020 16:48:28
Exchange Disseminated Time
10/08/2020 16:48:40
Time Taken
00:00:12
Outcome Of Board Meeting Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("LODR Regulations") |
08/10/20 16:48
The Board of Directors of the Company, at its meeting held on August 10,2020, have:
(i) Approved the Unaudited Financial Results (stand-alone and consolidated) for the 1 sl
quarter ended June 30, 2020.
(ii) Approved to combine Cogeneration activities with Sugar Segment in accordance with Ind
AS 108 ''Operating Segments''.
(iii) Approved the buyback of fully paid up Equity Shares of face value of Re.1 (Rupee One
only) each not exceeding 61,90,000 (Sixty one lakh ninety thousand) Equity Shares
(representing 2.50% of the total paid-up equity share capital of the Company as on March
31, 2020) at a price of Rs.105 (Rupees One hundred five only) per Equity Share payable in
cash for an aggregate amount not exceeding Rs.64,99,50,000 (Rupees Sixty four crore
ninety nine lakh and fifty thousand only), excluding taxes and transaction costs.
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