Triveni Engineering & Industries has received approval for buyback of fully paid up equity shares of the company having a face value of Rs 1 each equity shares, not exceeding 1 crore equity shares, representing 3.88% of the paid up equity share capital of the Company as at March 31, 2019, at a price of Rs 100 per equity share payable in cash for an aggregate amount not exceeding Rs 100 crore. The Board of Directors of the Company at its meeting held on June 03, 2019 has approved the same.
Triveni Engineering & Industries is engaged in the business of manufacturing sugar, steam turbines and projects and engineering activities.
