Stock Split
TDPOWERSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TD Power Systems Ltd's Board approved a stock split/sub-division on May 14, 2026, dividing each equity share of face value Rs. 2/- into 2 equity shares of face value Rs. 1/- each. The split is subject to shareholder approval and aims to make shares more affordable for small investors and enhance liquidity. Post-split, the authorized capital will be 35 crore shares of Rs. 1 each, and issued/subscribed capital will be 31.24 crore shares. The company also reported strong FY2026 results with standalone net sales of Rs. 17,167 lakhs (up 35.6% YoY) and profit after tax of Rs. 2,164 lakhs (up 40.8% YoY). A final dividend of Rs. 1.10 per share was recommended for FY2026.
The stock split makes shares more affordable, potentially attracting more retail investors and improving liquidity. Existing shareholders will receive double the number of shares at half the price, with no change in total investment value. The strong financial performance adds confidence to this corporate action.