TD Power Systems Limited has informed the Exchange that the Board of Directors at its meeting held on May 14, 2026, has considered and approved subdivision of 1 equity shares of Rs. 2 each into 2 equity shares of Re. 1 each.
TDPOWERSYS · price
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On the reaction day the stock moved 10.8 pts more than Nifty Microcap 250 and 11.4 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TD Power Systems Limited's Board approved a 1:2 stock split, converting each Rs. 2 face value share into two Rs. 1 face value shares, subject to shareholder approval. The rationale is to make shares more affordable for small investors and improve liquidity. Financially, the company delivered strong FY26 results with standalone net sales of Rs. 1,716.66 crore (up 35.6% YoY) and profit after tax of Rs. 216.44 crore (up 40.8% YoY). The Board also recommended a final dividend of Rs. 1.10 per share. Post-split, the paid-up capital will double from 15.62 crore shares to 31.25 crore shares of Rs. 1 each.
The stock split is positive for retail liquidity and accessibility, as it halves the price per share while maintaining total investment value. Combined with strong 40%+ profit growth, this could attract broader investor participation. The approved dividend provides income to shareholders.