TDPOWERSYSBSETD Power Systems LtdMediumNeutral
Announced Sat, 30 May · 14:40 IST

Change in Management

Management Changes View source PDF

TDPOWERSYS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.5%1-day move
₹1300.00
prior close
₹1318.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-2.0-1.9-1.9-4.5-0.9+2.0+0.9-5.7-11.5+1.7-8.3
Up moveDown movePending
AI summary

TD Power Systems Ltd has disclosed the retirement of Mr. Swapnil Kaushik, Director-Business Development, effective May 31, 2026. The retirement is due to superannuation, meaning he has reached the retirement age under company policy. Mr. Kaushik was classified as a Senior Management Personnel (SMP) under SEBI Listing Regulations, making him a Key Management Personnel (KMP). This is a routine management transition as per the company's policy, not a resignation or unexpected departure.

Likely market impact

This is a routine personnel change due to superannuation and unlikely to have any material impact on the company's operations or stock price. The departure does not appear to affect critical leadership roles like CEO or CFO.