TPTriveni Power Transmission544824Board key decisions

Board approves Q2 and H1 FY27 results, appoints Sanjay Grover & Associates as Secretarial Auditor

Board on 23 Oct 2026 approved unaudited standalone and consolidated results for Q2 and H1 FY27.

By ScoutQuest · Fri 23 Oct 2026, 6:59 PM IST · 2 min read

Board Meeting Date

23 Oct 2026

Results Approved

unaudited standalone and consolidated results for Q2 and H1 FY27

Secretarial Auditor Term

five consecutive financial years, FY 2026-27 to FY 2030-31

What the board approved

The board met on 23 October 2026 and approved two things: the unaudited standalone and consolidated financial results for the second quarter (Q2) and first half (H1) ended 30 September 2026, and the appointment of a new secretarial auditor. The results carry the limited review reports of the statutory auditors.

The secretarial auditor

• M/s Sanjay Grover & Associates, Practicing Company Secretaries, has been appointed as Secretarial Auditor.
• It is a peer reviewed firm (peer review no. 7853/2026).
• The term is five consecutive financial years, from FY 2026-27 to FY 2030-31.
• The appointment is subject to approval of shareholders, so it will go to a shareholder vote.

Reading the results

• The figures are unaudited and have been reviewed by the statutory auditors, not audited; a review gives moderate assurance, not an audit opinion.
• The auditor's report draws attention to the composite scheme of arrangement under which the Power Transmission Business undertaking of Triveni Engineering & Industries Ltd was demerged and vested in the company.
• The scheme became effective on 19 May 2026, with the vesting approved with effect from 1 April 2026.
• The company accounted for the vesting using the pooling of interest method, and comparative period figures were restated as if the demerger had occurred from 1 April 2025.

Share capital

• Paid-up equity share capital stands at Rs. 2,095.09 lakh as at 30 September 2026, compared with Rs. 626.00 lakh as at 31 March 2026.
• Earnings per share is computed on 104754338 equity shares.
• That share count is 31300000 existing equity shares plus 73454338 equity shares issued in consideration of the vesting of the PTB undertaking.

What a retail investor can take away

• The secretarial auditor appointment is a governance and compliance item with a five-year term; it needs shareholder approval.
• The results are interim and reviewed, and the demerger accounting means the current period and the comparatives are presented on a combined basis, which is worth keeping in mind when comparing numbers.
• The share count used for per-share calculations reflects the shares issued for the demerger.

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