StockWatch
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Heavy Electrical Equipment
Split12 Aug 2026, 08:31 pm

TD Power Systems Sets Record Date for 2-for-1 Equity Share Split

AI Summary

TD Power Systems Ltd has announced the record date for its upcoming stock split. The company will subdivide each equity share with a face value of Rs. 2 into two equity shares with a face value of Rs. 1. This corporate action was approved by shareholders at the company's 27th Annual General Meeting held on August 12, 2026. The record date for determining eligible shareholders for this split has been fixed as August 24, 2026. This move aims to increase the liquidity of the company's shares and make them more accessible to a wider range of investors.

Key Highlights

  • Record date for stock split fixed as August 24, 2026.
  • Each Rs. 2 equity share will be split into two Rs. 1 equity shares.
  • Shareholder approval for the split was obtained at the AGM on August 12, 2026.
  • The split is expected to enhance share liquidity and accessibility.