TD Power Systems Limited announces share sub-division: One equity share splits into two
TD Power Systems Limited has approved and announced the details of a share sub-division, effective following shareholder approval at its 27th Annual General Meeting held on August 12, 2026. The company decided to split one equity share, originally having a face value of Rs. 2/-, into two (2) equity shares, each with a face value of Rs. 1/-.The sub-division aims to determine the eligibility of shareholders for this corporate action. Shareholders holding the relevant security as of the specified date will be covered by the split.
Key details regarding the share sub-division and the designated record date are summarized below:
| NSE Symbol | Security Type | Record Date / Cutoff Date | Purpose |
|---|---|---|---|
| TDPOWERSYS | Equity | Monday, August 24, 2026 | Determining the eligibility of Shareholders for the sub-division / split |
The company confirmed that there is no book closure period applicable for this event. The details provided are necessary for stakeholders to note the terms of the share structure change.
TDPOWERSYS Stock Price Movement
TD Power Systems surged on Wednesday, as its stock gained 16.34% to settle at ₹1480.1 per share. The ascent saw the company hit its 52-week high during trading, driven by strong demand across 11.1 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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