TD Power Systems Limited has announced the successful allotment of 13,600 equity shares, each with a face value of Rs. 2, under its 2019 Equity Based Compensation Plan. This move follows the exercise of employee stock appreciation rights (ESARs). The allotment results in an increase in the company’s paid-up share capital, reflecting ongoing commitment to employee incentive structures.
Share Allotment Details
On April 24, 2026, the Nomination and Remuneration Committee approved the issuance of 13,600 equity shares. These shares were issued at par value, following the formal exercise of stock appreciation rights by employees as part of the company’s long-term compensation strategy.
Impact on Share Capital
This issuance marks a minor expansion in the company’s equity base. The paid-up share capital of TD Power Systems Limited has increased from Rs. 31,24,29,660/- to Rs. 31,24,56,860/-. Consequently, the total number of outstanding equity shares has risen to 15,62,28,430. All newly allotted shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and benefits for all shareholders.
Source: BSE
