Allotted 12.5 lakh shares to promoters at Rs 600 each, raising Rs 75 crore
TDPOWERSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.7 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
TD Power Systems allotted 12,50,000 equity shares at Rs 600 each (face value Rs 1, premium Rs 599), raising Rs 75 crore via preferential issue to 2 promoters. Nikhil Kumar got 6,25,000 shares (holding rises from 8.30% to 8.47%); Mohib Khericha got 6,25,000 shares as a new promoter (0.20%). Approved at EGM on Sept 10, allotted on Sept 20, 2026.
Promoter-group capital infusion of Rs 75 crore signals confidence; minor dilution for existing shareholders.