TD Power Systems Approves QIP Floor Price of ₹775.35

TD Power Systems Ltd announced that its Fund Raising Committee has approved the floor price for a Qualified Institutions Placement (QIP) at ₹775.35 per equity share. The committee also authorized the opening of the issue on October 07, 2026, and approved the Preliminary Placement Document. The 'relevant date' for the issue is October 07, 2026. The company may offer a discount of up to 5% on the floor price, with the final issue price to be determined in consultation with the lead manager. The trading window for securities remains closed until 48 hours after the conclusion of the board meeting for unaudited financial results.