Triveni Engineering BuyBack: Company is focused, growing corporation having core competencies in the areas of sugar and engineering. The Company is one of the largest sugar manufacturers in India and the market leader in its engineering businesses comprising high-speed gears, gearboxes, and water treatment solutions.
With 7 sugar mills, 6 co-generation units, and 1 distillery spread over 8 locations in Uttar Pradesh, we progressively engage with over 250,000 farmers through our cane marketing and development programs.
As the largest Indian manufacturer of high-speed and niche low-speed gears and gearboxes, Triveni commands a dominant market share in the gears market in the region. As a focussed player in the water treatment domain, we offer end-to-end services & product mix in the technology spectrum of water and wastewater treatment. We have dedicated manufacturing and R&D unit each for Gear and Water Treatment Applications at Mysore and Noida respectively.
The two major business segments – sugar and engineering – are mutually exclusive in terms of growth factors and the environment. The sugar business is immune to the upheavals in the global economy, and is dependent only on the sugar cycle. Our engineering businesses cater to the two most critical industries – power and water.
Triveni Engineering BuyBack Offer Deal
|Buyback Record Date:||28/08/20|
|Buyback Offer Amount:||₹ 65 Cr|
|Date of Board Meeting approving the proposal:||10/08/20|
|Date of Public Announcement:||10/08/20|
|Buyback Offer Size:||2.50%|
|Buyback Number of Shares:||6190000|
|Buyback Price:||₹ 105 Per Equity Share|
Profit & Loss Consolidated Figures Of Triveni Engineering
|Profit before tax||-169||-7||302||169||268||446|
|EPS in Rs||0||0||9.81||4.62||8.38||13.37|
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