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TD Power Systems allotted 77,41,935 equity shares to qualified institutional buyers at ₹775 per share, raising approximately ₹600 Crore. This allotment expands the company's capital.
TD Power Systems closed its Qualified Institutional Placement (QIP), allocating 77,41,935 equity shares at ₹775 per share, raising approximately ₹60 Crore.
TD Power Systems received listing approval for 1,250,000 equity shares issued to promoters at Rs. 600 per share. This completes a capital structure update.
TD Power Systems allotted 12.5 lakh equity shares at ₹600 each to two promoters, raising ₹75 Crore on preferential basis. Post-allotment combined promoter holding rises to 8.67%.
TD Power Systems received in-principle approval from BSE and NSE to issue 12,50,000 equity shares to its promoters on a preferential basis.
TD Power Systems will hold an EGM on September 10, 2026, seeking shareholder approval for a ₹75 Crore preferential issue and a ₹600 Crore QIP.
TD Power Systems has fixed August 24, 2026, as the record date for its stock split, dividing shares from ₹2 face value to ₹1.