Triveni Turbine Buyback 2022 Record Date, Buyback Price & Details

Triveni Turbine Buyback 2022

Triveni Turbine Buyback 2022 announced on 28 October 2022. The Triveni Turbine buyback to start from Announced Soon. The Company will do Buyback with equity of 54,28,571 Equity Shares around 1.68% of Face Value ₹1/ Each Fully paid off at a Price Of ₹375/- Per Equity. The size of this Buyback is about ₹190 Crores. And this will be done through a Buyback Tender Offer.

Triveni Turbine Ltd is primarily engaged in business of manufacture and supply of power generating equipment and solutions. Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of over 60% in India. Over 5,000 steam turbines supplied by Triveni have been installed across 18 industries in over 70 countries, including Europe, Africa, Central & Latin America, SE Asian and SAARC countries.

Read also:- Share Buyback List 2022

The Triveni Group of Companies is a focused, growing conglomerate having diversified interests in Engineering, Co-Generation, Clean Water Solutions, Distillery and Sugar. Triveni’s capability has been in precision engineering and has been in the forefront for over five decades now.

The group is a market leader in the engineering business and offers state of the art solutions for the Turbo-Generator island and industrial Gear Boxes. Triveni group has set up the first co-generation plant in India.

Necessity of the Issue :

  • Update Soon

Triveni Turbine Buyback 2022 Offer Details:

Event NameDetails
Buyback TypeTender Offer
Buyback Record DateNot Declare
Buyback Offer Amount₹190.00 Cr
Date of Board Meeting approving the proposal28 October 2022
Date of Public Announcement28 October 2022
Buyback Offer Size1.68%
Buyback Number of Shares54,28,571
ListingNSE, BSE
Face Value₹1/- Rs.
Buyback Price₹350/- per share.
Triveni Turbine Buyback 2022

Triveni Turbine Buyback 2022 Dates :

We have covered all important dates related to “Triveni Turbine Buyback 2022” Buyback Activity Dates are updated as they are announced.

Buyback ActivityDates
Board Meeting for Buyback proposal28 October 2022
Buyback Approval date28 October 2022
Public Announcement Date28 October 2022
Buyback Record DateNot Declare
Buyback Opening DateAnnounced Soon
Buyback Closing DateAnnounced Soon

Triveni Turbine Limited Financial Report (in Cr) :

YearRevenueExpensePAT
2022₹852.00₹692.00₹270.00
2021₹703.00₹553.00₹102.00
2020₹818.00₹660.00₹122.00
Triveni Turbine Buyback 2022

Quick Link :

Publication Letter
■ Letter of Offer
■ Application Form

Registrar of The Buyback :

  • Update Soon

Manager of The Buyback :

  • Update Soon

Company Address :

Triveni Turbine Limited
8″ Floor, Express Trade Towers,
15-16, Sector-16A4,
Noida – 201301, U.P., India
T.: +91120 4308000
F: +91 120 4311010-11
www.triveniturbines.com

How to Participate in Triveni Turbine Ltd buyback?

The Investors are eligible for the buyback scheme who have Triveni Turbine shares in their Demat account as the Record date is Not Declare as the offer is Tender Offer. Investors can participate in the Triveni Turbine Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Triveni Turbine buyback scheme.

How to apply for Triveni Turbine buyback zerodha?

You can apply for the buyback, follow the steps below:

  • Visit console.zerodha.com.
  • Click on the context menu and then Portfolio.
  • Click on Corporate actions.
  • Click the Buybacks tab, tap on Triveni Turbine and then Place order.
  • Enter the quantity and tap on Submit.

How to apply for Triveni Turbine buyback on Groww?

You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.

  • Visit  the official Groww website.
  • Search Triveni Turbine Buyback in the search option.
  • You can see Triveni Turbine buyback result in search option tap on the Triveni Turbine buyback.
  • You will reach the Triveni Turbine buyback screen, here enter the number of shares and click sell.
  • You can see your order is successfully placed.

How to apply for Triveni Turbine buyback on upstox?

You can apply for the buyback, follow the few steps below:

  • Login to the Upstox app using your 6-digit PIN or biometrics.
  • Click on the Account Section on your right bottom corner (Applicable New upstox app).
  • Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
  • Select the Triveni Turbine stock for buyback.
  • Enter the quantity and click on apply. 
  • If you have submitted your POA, then the buyback will be confirmed.
Read also:- Rights issue 2022

Triveni Turbine Buyback 2022 FAQs:

When is Triveni Turbine Buyback Announcement Date?
Triveni Turbine buyback 2022 announcement date is 28 October 2022.

When is Triveni Turbine Buyback Open Date?
Triveni Turbine buyback Open date is Announced Soon.

When is Triveni Turbine Buyback Close Date?
Triveni Turbine buyback Close date is Announced Soon.

When is Triveni Turbine Buyback Record Date?
Triveni Turbine buyback 2022 Record date is Not Declare as the offer is Tender Offer.

What is Triveni Turbine Buyback Price?
Triveni Turbine company has fixed the price at ₹350 per share.

What is Triveni Turbine Buyback Offer Size?
Triveni Turbine company Buyback Offer Size is ₹190 Cr.

How to apply for Triveni Turbine Buyback 2022?
As per the record date you need to have Triveni Turbine shares in your Demat account. You can participate in buyback after having the stock in your account.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Triveni Turbine Buyback 2022 Record Date, Buyback Price & Details
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