TD Power Systems informs about allotment of equity shares
TD Power Systems has informed that Nomination and Remuneration Committee of the Board has, by a resolution passed today i.e. April 24, 2026, approved allotment of 13,600 Equity Shares Rs 2 each, at par, pursuant to the exercise of employee stock appreciation rights (ESAR) under TDPSL Equity Based Compensation Plan 2019. Consequent to the aforesaid allotment, the paid-up share capital of the Company stands increased from Rs.31,24,29,660 (15,62,14,830 Equity Shares face value of Rs.2 each) to Rs 31,24,56,860 (15,62,28,430 Equity Shares face value of Rs 2 each). In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the statement on details of shares allotted is enclosed. Further, the intimation is also to be considered in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
