TDPOWERSYSNSETD Power Systems Limited· Electrical EquipmentMediumNeutral
Announced Sat, 30 May · 14:19 IST

TD Power Systems Limited has informed the Exchange regarding Mr. Swapnil Kaushik, Director-Business Development, shall superannuate from the services of the Company with effect from May 31, 2026 and consequently cease to be a Senior Management Personnel of the Company under the SEBI Listing Regulations.

Kmp ResignedManagement 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
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-1.1-2.0-1.9-1.9-4.5-0.9+2.0+0.9-5.7-11.5+1.7-8.3
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AI summary

TD Power Systems Limited has announced that Mr. Swapnil Kaushik, Director-Business Development, will superannuate from the company with effect from May 31, 2026. He will consequently cease to be a Senior Management Personnel under the SEBI Listing Regulations. The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reason for departure is stated as superannuation, which is a standard age-based retirement. Mr. Bharat Rajwani, Company Secretary & Compliance Officer, signed the filing dated May 30, 2026.

Likely market impact

This is a routine retirement and does not indicate any governance concern or performance issue. The stock is unlikely to be materially impacted by this change.