A major block trade in shares of Triveni Turbine Ltd (TTL) was executed on the National Stock Exchange on Tuesday, November 18, reflecting strong institutional activity in the stock. The transaction involved 14.85 lakh shares at a price of Rs 533.40 per share, taking the total deal value to Rs 79.25 crore.
According to exchange data, the high-volume trade indicates notable interest from institutional or bulk investors, given the size and value of the transaction.
Separately, Triveni Turbine recently concluded a small corporate action under its employee incentive programme. The company allotted 6,000 equity shares under its Employee Stock Unit Plan 2023, issued at a face value of Re 1 each. Following this allotment, the total issued share capital stands at Rs 31,78,86,270, representing 31,78,86,270 equity shares.
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