TD Power Systems Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
TDPOWERSYS · price
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Hitoshi Matsuo, along with other members of the promoter and promoter group (PAC), submitted an annual disclosure confirming they hold 4,19,78,661 equity shares (26.87%) in TD Power Systems Limited as of March 31, 2026. The disclosure details shareholding across 8 entities including Hitoshi Matsuo (5.08%), Nikhil Kumar (8.30%), Saphire Finman Services LLP (13.22%), and others. Critically, the disclosure states that none of the promoter group's equity shares have been encumbered (pledged) directly or indirectly during the financial year 2025-26. This is a standard annual compliance filing confirming the pledging status of promoter shares.
No encumbrance on promoter shares is a positive signal for investors as it indicates promoters have not leveraged their shares for loans, reducing risk of forced selling. The promoter group holds 26.87%, which is below the 50% threshold.