News

TD Power Systems Limited announced the allotment of 12,50,000 equity shares with a face value of Rs 1 each at an issue price of Rs 600 per share, totaling Rs 75,00,00,000, on a preferential basis to Nikhil Kumar and Mohib Nomanbhai Khericha, both promoters, according to a regulatory filing on September 21, 2026. The allotment was approved by the company`s board on September 20, 2026, following a special resolution passed by shareholders on September 10, 2026, and in-principle approval from the BSE Limited and National Stock Exchange of India Limited.

TD Power Systems Limited (TDPSL) reported a consolidated profit for the period ended June 30, 2026, of Rs 8,629.31 Lakhs, with total comprehensive income reaching Rs 8,595.28 Lakhs and earnings per share of Rs 5.52. However, the company’s financial results are shadowed by a significant impairment provision of Rs 300.00 Lakhs recognized during the year ended March 31, 2026, bringing the total cumulative impairment on its Rs 2,040.75 Lakhs investment in subsidiary DF Power Systems Private Limited to its full value. DF Power Systems has faced challenges including creditor claims and project cancellations, and while management believes it can continue as a going concern with parent company support, the situation warrants close investor scrutiny. TDPSL also issued 13,600 shares to an Employee Welfare Trust during the quarter as part of its equity compensation plan.

TD Power Systems will hold a meeting of the Board of Directors of the Company on 11 August 2026.

TD Power Systems announced that the 27th Annual General Meeting(AGM) of the company will be held on 12 August 2026.

TD Power Systems has received upgrade in credit ratings from CRISIL as under:Total bank facilities - Rs 488 croreLong term rating - AA-/ Stable Short term rating - A1+