StockWatch
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Heavy Electrical Equipment
Corporate Action7 Oct 2026, 11:37 am

TD Power Systems Gets Trading Approval for 12.5 Lakh Shares

AI Summary

TD Power Systems Ltd has received trading approval from BSE and NSE for 12,50,000 equity shares allotted to promoters on a preferential basis. The shares were issued at ₹600 per equity share, with a face value of ₹1. Trading commenced on October 7, 2026. These shares rank pari-passu with existing equity shares. The lock-in period for these shares is until April 9, 2028.

Key Highlights

  • Trading approval received for 12,50,000 equity shares.
  • Shares allotted to promoters on preferential basis.
  • Issue price was ₹600 per share.
  • Trading commenced on October 7, 2026.
  • Lock-in period until April 9, 2028.