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TD Power Systems Approves ₹600 Crore QIP And Promoter Share Issue


14 August 2026
TD Power Systems Ltd.

Board approved a ₹75 crore preferential issue to two promoters at ₹1,200 per pre-split share and a QIP of up to ₹600 crore, subject to approvals, implying potential equity dilution. An EGM is scheduled for September 10, 2026. Context: formalizes funding after working-capital needs were flagged.


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