Triveni Turbine Boosts Shareholder Value: ₹2.25 Interim Dividend Declared, Nikhil Sawhney Re-Appointed VC & MD

Dividend Announcement
Triveni Turbine Ltd, India's leading industrial steam turbine maker, concluded its February 3, 2026 board meeting approving unaudited Q3 & 9M FY26 results. Directors declared interim dividend of ₹2.25 per equity share (face value ₹2), rewarding shareholders amid strong order book (₹1,500+ Cr).
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Record date and payment timeline to follow SEBI norms.

Leadership Reaffirmation
Nikhil Sawhney, Wharton MBA alumnus with 10+ years steering growth (revenue CAGR 25%), re-appointed VC&MD for another 5-year term from May 15, 2026. Oversees strategy in steam turbines (90% revenue), services, new verticals like aero-derivatives.

Key Highlights

• Interim Dividend: ₹2.25/share (~112.5% payout); post-Q3 strong performance.
• ​Re-appointment: Nikhil Sawhney VC&MD w.e.f. May 15, 2026 (5 years).
• ​Financial Context: Q3 board approved; prior quarters showed robust UVG, exports.
• ​Strategic Focus: 2 GW turbine capacity; global leadership in <100 MW segment.

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Sources: Scanx, TriveniTurbines.com, ICICI Direct, ChoiceIndia.