388.05 -4.65(-1.18%)
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Triveni Engineering & Industries Limited was initially incorporated on July 27, 1932 as 'The Ganga Sugar Corporation Limited'. The Company obtained a Certificate of Commencement of Business on February 6, 1933. As per the Scheme of Arrangement, the whole undertakings of Ramkola Sugar Mills Limited were transferred to the Company effective from October 31, 1969. By virtue of this amalgamation, the Company acquired a sugar at Ramkola in Eastern Uttar Pradesh. On April 3, 1973, the name of the Company was changed to Gangeshwar Limited and later on was changed to 'Triveni Engineering & Industries Limited' on March 31, 2000. Company is a focused, growing corporation having core competencies in the areas of sugar and engineering. It is amongst the three largest sugar manufacturers in India, and the market leader in its engineering business comprising steam turbines, high speed gears, gearboxes and water treatment solutions. The Company is engaged in diversified businesses, mainly categorised into two segments - Sugar & allied businesses and Engineering business. Sugar & allied businesses primarily comprises manufacture of sugar and distillation of alcohol. Engineering business primarily comprises manufacture of high speed gears, gearboxes and providing water/waste-water treatme...