TD Power Systems boosts capital through employee share allotment

TD Power Systems Limited (TDPSL) has approved the allotment of 22,526 equity shares, each valued at INR 2, to employees who exercised their stock appreciation rights under the TDPSL Equity Based Compensation Plan 2019. This decision, made by the Nomination and Remuneration Committee on November 18, 2025, leads to an increase in the company's total issued shares and paid-up capital.

The allotment will raise the company's paid-up share capital from INR 31,23,84,608 to INR 31,24,29,660, reflecting an increase in total equity shares from 15,61,92,304 to 15,62,14,830. The newly allotted shares will rank pari-passu with existing equity shares.

This move complies with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that this allotment is not material to its overall operations.