EXECUTIVE SUMMARY

India is the second largest producer of sugar in the world. The Indian sugar industry is the second largest agro industry located in the rural India. The shares of Triveni Engineering & industries Limited are listed on the Bombay stock Exchange and National stock Exchange, the major stock exchange of India. the equity shares of the company were listed on NSE and BSE on 13 December 2008. As on 31 March 2009, reputed institutional investors including mutual funds, foreign institutional investors and domastic banks held 21.53% of the company’s shareholding. The company issued 50 million equity shares in November 2009 and the issue was oversubscribed more then ten times reflecting investor confidence. The equity shares of RS. 1 each were issued through a book building process within a price range of Rs. 42.50. The company achieved 7% higher crushed in 2011-12, a good performance as it competed successfully with producers of alternative sweeteners to reduce cane diversion and increase drawal of sugarcane.

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