Triveni Turbine Limited has allotted 2,000 equity shares of face value Re.1 each under the "Triveni Turbine Limited - Employee Stock Unit Plan 2023" pursuant to the exercise of vested options. The allotment was approved by the Share Allotment Committee of the Board of Directors in their meeting held on September 25, 2026 at 4:30 PM.
The exercise price per share was Re.1 with no premium paid (NIL).
Consequent to this allotment, the company's issued and paid-up share capital has increased from ₹31,78,98,459 (comprising 31,78,98,459 equity shares) to ₹31,79,00,459 (comprising 31,79,00,459 equity shares).
The shares were issued in dematerialized form with ISIN INE152M01016 and distinctive numbers ranging from 329993697 to 329995696. The newly allotted shares rank pari-passu with the existing equity shares of the company.
This allotment complies with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and Regulation 30 read with Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The original statement was filed with the exchanges on October 31, 2023 with filing numbers BSE: 187767 and NSE: 38201.
There are no lock-in restrictions applicable to these shares, and no listing fees are payable for this issuance.
Additional Announcements:
No additional corporate updates were provided in this filing.