TD Power Systems Limited (TDPOWERSYS) — Board Meeting | 17 August 2026

TD Power Systems Limited announced an EGM on September 10, 2026, to approve a ₹75 crore preferential issue to promoters and a potential ₹600 crore QIP, raising its total capital raise target to [amount not verified]. The preferential issue involves a 1:2 share split, with promoters allotted 625,000 shares at ₹600 post-split each, raising [amount not verified] total. Proceeds will fund working capital and general corporate purposes, excluding promoter loan repayments. The QIP, subject to SEBI and regulatory approvals, may raise up to ₹600 crore from qualified institutional buyers with a 5% discount cap. Shareholders will vote electronically via CDSL from September 7–9, 2026, with proxy voting prohibited. The filing emphasizes compliance with SEBI LODR and Companies Act provisions, and the Board retains discretion over issuance timing and pricing.