TD Power Systems Ltd

Bharat Petroleum Corporation Limited has announced an upcoming Extraordinary General Meeting (EGM) and detailed procedures for shareholder participation and voting. Shareholders can participate and vote remotely via www.evotingindia.com using their Folio Number, Beneficiary ID, or DP ID and Client ID, with specific registration requirements for non-individual shareholders including Board Resolution and Power of Attorney uploads. Those wishing to speak during the meeting must register at least seven days in advance by emailing bharat.rajwani@tdps.co.in. A virtual meeting link will be provided after successful login to the e-voting platform, and shareholders who have already voted remotely can attend. For e-voting related assistance, contact helpdesk.evoting@cdslindia.com or 1800 21 09911.

TD Power Systems Limited plans to raise funds through a preferential allotment of equity shares to promoters Nikhil Kumar and Mohib Nomanbhai Khericha, issuing up to 6,25,000 shares at Rs 1,200 per share (including a Rs 1,198 premium) or up to 12,50,000 shares at Rs 600 per share (including a Rs 599 premium) post a share split. Additionally, the board approved a Qualified Institutional Placement (QIP) to raise up to Rs 600 crore through equity shares or other securities. The company will convene an Extraordinary General Meeting on September 10, 2026, to seek shareholder approval for these fund-raising activities.

TD Power Systems Limited informed the BSE Limited and the National Stock Exchange of India Ltd that August 24, 2026, has been set as the record date for the sub-division/split of one equity share with a face value of Rs 2 each into two equity shares with a face value of Rs 1 each, following shareholder approval at the company's 27th Annual General Meeting held on August 12, 2026.

Finolex Cables Ltd, National Aluminium Company Ltd, Kalpataru Projects International Ltd and Pricol Ltd are among the other gainers in the BSE's 'A' group today, 12 August 2026.TD Power Systems Ltd surged 15.91% to Rs 1478.55 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 6.39 lakh shares were traded on the counter so far as against the average daily volumes of 1.58 lakh shares in the past one month. Finolex Cables Ltd soared 8.69% to Rs 1313. The stock was the second biggest gainer in 'A' group. On the BSE, 16.88 lakh shares were traded on the counter so far as against the average daily volumes of 84479 shares in the past one month. National Aluminium Company Ltd spiked 7.63% to Rs 417.5. The stock was the third biggest gainer in 'A' group. On the BSE, 13.7 lakh shares were traded on the counter so far as against the average daily volumes of 3.4 lakh shares in the past one month. Kalpataru Projects International Ltd jumped 7.22% to Rs 1445. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.15 lakh shares were traded on the counter so far as against the average daily volumes of 11988 shares in the past one month. Pricol Ltd advanced 5.58% to Rs 777.75. The stock was the fifth biggest gainer in 'A' group. On the BSE, 49115 shares were traded on the counter so far as against the average daily volumes of 86038 shares in the past one month.

TD Power Systems Limited will seek shareholder approval and regulatory clearances to raise funds in one or more tranches through the issuance of equity shares and/or other eligible securities, including a further public offer, debt, preferential allotment, rights issue, American depository receipts, global depository receipts, private placement, qualified institutions placement, or any other permissible method, according to a regulatory filing on August 11, 2026. The company’s board of directors will consider the proposal at a meeting scheduled for August 14, 2026, and the trading window for company shares will be closed for 48 hours following the public disclosure of the meeting’s outcome.

TD Power Systems Ltd share price slipped 1.89% to Rs 1236.05. The Company's net profit improved by 19.53% to Rs 86.29 crore, while revenue from operations improved marginally 8.63% to Rs 640.05 crore in Q2FY26 over Q1FY26. The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.21 lakh crore, tanking 18.23%. It has inched up 1.59% over last one week and moved up slightly by 5.44% in last one month while the market capitalization of TD Power Systems Ltd has edged up by 13.10% and 8.44% in the same period respectively. Profit before tax (PBT) of TD Power Systems Ltd stood at Rs 116.89 crore in Q2 FY26, jumping 73.45% year-on-year, and rallying 18.43% quarter-on-quarter. EBITDA came in at Rs 119 crore, expanding by 83.49% YoY and surging by 32.57% sequentially. Total expenses grew marginally by 5.48% to Rs 525.59 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 451.59 crore, posting a minor increase of 2.86% YoY, while employee benefits expense was at Rs 54.52 crore, surging 22.49% YoY. For the TTM ended FY26, revenue from operations soared by 45.16% to Rs 1856.23 crore, while net profit jumped 36.77% to Rs 238.77 crore, compared to previous TTM. EBITDA surged by 20940% to Rs 308.41 crore, and PBT soared 40.78% to Rs 326.12 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 129.07 crore in FY26, as against Rs 39.52 crore in FY25. TD Power Systems Ltd rallied 147.06% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.

TD Power Systems Limited (TDPSL) reported a consolidated profit for the period ended June 30, 2026, of Rs 8,629.31 Lakhs, with total comprehensive income reaching Rs 8,595.28 Lakhs and earnings per share of Rs 5.52. However, the company’s financial results are shadowed by a significant impairment provision of Rs 300.00 Lakhs recognized during the year ended March 31, 2026, bringing the total cumulative impairment on its Rs 2,040.75 Lakhs investment in subsidiary DF Power Systems Private Limited to its full value. DF Power Systems has faced challenges including creditor claims and project cancellations, and while management believes it can continue as a going concern with parent company support, the situation warrants close investor scrutiny. TDPSL also issued 13,600 shares to an Employee Welfare Trust during the quarter as part of its equity compensation plan.

TD Power Systems Limited will hold a board meeting on August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for the company will be closed from July 1, 2026, and will remain closed until 48 hours after the financial results are declared.

TD Power Systems has fixed 05 August 2026 as record date for payment of final dividend.

TD Power Systems announced that the 27th Annual General Meeting(AGM) of the company will be held on 12 August 2026.