Triton Valves Limited at its board meeting held on May 4, 2018 recommended dividend of INR 15 per share equity of INR 10 each that is 150% for the financial year ended March 31, 2018 subject to the approval by the members at the AGM.

The company also approved the appointment of Prashanth Nayak as an Independent Director (Additional Director) of the company with effect from May 4, 2018, for a period of five years subject to the approval of the forthcoming AGM. Prashanth Nayak is the CEO of Yazaki India Pvt. Ltd. Prior to his current position, Mr. Nayak served as the CEO of Jai Group.