The Company is the market leader in India with a dominant 63% market share. It also offers comprehensive aftermarket services covering the entire lifecycle of turbines. Triveni Turbine Limited operates in higher capacity range of above 30 MW to 100 MW turbines through its subsidiary, GE Triveni Ltd., a joint venture company with General Electric.
Triveni Turbine Limited offers robust back-pressure and condensing steam turbines that work across a wide range of pressure and flow applications. For Triveni Turbine Limited, customer relations means much more than just completing the contractual commitment of supplying and commissioning the turbine. Triveni Turbine Limited stands by its customers to make their operations reliable and provides a 360-degree after sales services support during the complete life cycle for all types of industrial steam turbines. With a dedicated team of highly skilled and experienced engineers, Triveni Turbine Limited offers a wide suite of integrated solutions like erection & commissioning, spare parts, operations & maintenance and refurbishing, among others.
Triveni Turbine Limited offers robust back-pressure and condensing steam turbines that work across a wide range of pressure and flow applications. For Triveni Turbine Limited, customer relations means much more than just completing the contractual commitment of supplying and commissioning the turbine. Triveni Turbine Limited stands by its customers to make their operations reliable and provides a 360-degree after sales services support during the complete life cycle for all types of industrial steam turbines. With a dedicated team of highly skilled and experienced engineers, Triveni Turbine Limited offers a wide suite of integrated solutions like erection & commissioning, spare parts, operations & maintenance and refurbishing, among others.
Triveni Turbine Limited Buy-Back Details
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| Date of Board Meeting for Buyback Proposal | 01-11-2018 |
| Date of Buyback Approval | 01-11-2018 |
| Date Public Announcement of Buyback | 01-11-2018 |
| Buyback Type | Tender Offer |
| Buyback Record Date | 28-12-2018 |
| Buyback Opening Date | 14-01-2019 |
| Buyback Closing Date | 25-01-2019 |
| Buyback Amount | ₹ 150 Cr |
| Buyback Number of Share | 66,66,666 |
| Buyback Price | ₹ 150 Per Share |
| Face Value | ₹ 1 |
| Holding Time | 3 Months |
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Profit acceptance Ratio
Buy 1333 Shares at CMP ₹ 103 [2,00,000/150 = 1333] |
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| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Buy Price | ₹ 103 | ₹ 103 | ₹ 103 | ₹ 103 |
| Amount Invested in Buyback | ₹ 1,37,299 | ₹ 1,37,299 | ₹ 1,37,299 | ₹ 1,37,299 |
| No. of Shares Buy | 1333 | 1333 | 1333 | 1333 |
| Earning Per Share | ₹ 47 | ₹ 47 | ₹ 47 | ₹ 47 |
| No. of Shares Buy-Back | 440 | 667 | 1000 | 1333 |
| BuyBack Profit | ₹ 20674 | ₹ 31325 | ₹ 46988 | ₹ 62651 |
| Profit(%) | - % | - % | - % | - % |
Triveni Turbine Limited Contact Details
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Triveni Turbine Limited
8" Floor, Express Trade Towers, 15-16, Sector-16A, Noida - 201301, UP, India Phone No. +91 1204308000 Fax No. +91 1204311010-11 website: www.triveniturbines.com |
Registrar of Triveni Turbine Limited
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