Triveni Turbine Limited has announced the outcome of its Board of Directors meeting held on November 11, 2026. The Board approved the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. Additionally, the company approved the enhancement of a corporate guarantee in favour of its step-down subsidiary, Triveni Turbines Africa Pty Limited, increasing the aggregate facility limit to USD 15,000,000.
Financial Results Approved
Triveni Turbine Limited’s Board of Directors, in their meeting on November 11, 2026, officially approved the company’s unaudited standalone and consolidated financial results for the second quarter and half-year period ending September 30, 2026. These results are made available in accordance with the SEBI Listing Regulations.
Corporate Guarantee Enhancement
Further to a previous intimation, the Board has also sanctioned an enhancement to the Corporate Guarantee previously issued for the benefit of Triveni Turbines Africa Pty Limited, South Africa. This subsidiary is a step-down wholly owned entity of the company. The enhancement is in connection with a working capital facility (non-fund based) proposed to be availed by the subsidiary. The aggregate facility limit has been increased from USD 9,000,000 to USD 15,000,000.
Impact of Guarantee
The enhanced guarantee ensures that in the event of TTAPL’s failure to honour its obligations under the facility, the bank will have the right to claim the amount under the guarantee directly from the Company.
Source: BSE
