Triveni Engineering Appoints Six Directors, Reconstitutes Board Committees

Triveni Engineering & Industries Limited has approved the appointment of six Directors to its Board as part of preparations linked to a composite scheme of arrangement involving Sir Shadi Lal Enterprises Limited and Triveni Power Transmission Limited.

The appointments include four Independent Directors—Ashwath Ram, Siraj Azmat Chaudhry, Mahesh Ram Chand Chhabria, and Sandhya Vasudevan—who have been inducted as Additional Non-Executive Independent Directors for a five-year term from June 4, 2026, subject to shareholder approval at the company’s Annual General Meeting (AGM) scheduled for June 30.

The Board also appointed Nikhil Sawhney as an Additional Non-Executive Non-Independent Director with effect from June 4, 2026. In addition, Dhruv M. Sawhney has been recommended for appointment as a Non-Executive Non-Independent Director from July 1, 2026, subject to shareholder approval through a special resolution.

The company has also constituted its Audit Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility (CSR) Committee to meet regulatory requirements ahead of the proposed listing of Triveni Power Transmission Ltd.