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Triveni Turbine’s arm inks pact to acquire 70% stake in TSE Engineering

24 Mar 2022 Evaluate

Triveni Turbine’s wholly owned subsidiary - Triveni Turbines DMCC has signed an agreement for acquisition of 70% equity shares of TSE Engineering (TSE). TSE is registered under the laws of South Africa and is engaged in high precision engineering repairs and servicing of machinery in sugar and other industrial plants in South African Development Community (SADC) region.

With the said acquisition of these shares, TSE will become a step down subsidiary of Triveni Turbine.

Triveni Turbine is a leading industrial steam turbine manufacturer.

Triveni Turbine Share Price

669.45 -6.90 (-1.02%)
25-Jun-2026 16:59 View Price Chart
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