Triveni Turbine, Triveni Engg trade ex-date for buyback; shares dip 6%

These companies had fixed December 23, as the Record Date for the purpose of determining the entitlement and eligibility of share holders to in the share buyback.

Shares of Triveni Turbine and Triveni Engineering & Industries dipped up to 6 per cent on the BSE in Thursday’s intra-day trade after these stock turned ex-date for share buyback.

Triveni Turbine slipped 6 per cent to Rs 269, while Triveni Engineering was down 4.8 per cent at Rs 279.15 on the BSE in intra-day trades. In comparison, the S&P BSE Sensex was flat at 61,065 at 09:29 AM.

These companies had fixed Friday December 23, 2022, as the Record Date for the purpose of determining the entitlement and the names of the share holders who shall be