TD Power Systems Allots 13,600 Equity Shares Under Employee Compensation Plan

TD Power Systems Limited has announced the allotment of 13,600 equity shares pursuant to the exercise of employee stock appreciation rights (ESAR) under the TDPSL Equity Based Compensation Plan 2019. The Nomination and Remuneration Committee of the Board approved the allotment on April 24, 2026, with shares issued at par value of Rs.2 each.

Share Capital Impact

The allotment has resulted in an increase in the company's paid-up share capital. The paid-up capital now stands at Rs.31,24,56,860, representing 15,62,28,430 equity shares of Rs.2 each, compared to the previous capital of Rs.31,24,29,660 comprising 15,62,14,830 equity shares.

Key Details of Allotment

Particulars	Details
Number of shares allotted	13,600 Equity Shares
Par value per share	Rs.2/-
Exercise price per share	Rs.2/-
Premium per share	Nil
Date of issue	April 24, 2026
Distinctive numbers	156214831 – 156228430
Total issued shares post-allotment	15,62,28,430 Equity Shares
Total paid-up capital post-allotment	Rs.31,24,56,860/-

Regulatory Compliance

The disclosure has been made in accordance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's shares are listed on BSE Limited (Scrip Code: 533553) and the National Stock Exchange of India Limited (Symbol: TDPOWERSYS). The newly allotted shares will rank pari-passu with existing equity shares of the company. The company has stated that this allotment is not material in nature.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.96%	+14.64%	+35.76%	+72.16%	+162.28%	+609.50%

TD Power Systems Limited has formally communicated to the stock exchanges that it does not fall under the Large Corporate category as defined by SEBI's disclosure requirements. The company submitted this declaration on April 14, 2026, to both BSE Limited and The National Stock Exchange of India Ltd.

Regulatory Compliance Declaration

The company's declaration specifically references the applicability criteria outlined in SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, read with SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. These circulars establish the framework for determining which entities qualify as Large Corporates under SEBI's regulatory purview.

Declaration Details:	Information
Filing Date:	April 14, 2026
SEBI Circular Reference:	SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172
Additional Reference:	SEBI/HO/DDHS/CIR/P/2018/144
Primary Circular Date:	October 19, 2023
Secondary Circular Date:	November 26, 2018

Corporate Information and Signatories

TD Power Systems Limited, incorporated with CIN L31103KA1999PLC025071, operates from its registered office and factory located at 27, 28 and 29, KIADB Industrial Area, Dabaspet, Nelamangala Taluk, Bengaluru Rural District. The declaration was digitally signed by two key executives on April 14, 2026.

Signatory Details:	Information
Chief Financial Officer:	M N Varalakshmi
Company Secretary & Compliance Officer:	Bharat Rajwani
Digital Signature Time (CFO):	10:44:26 +05'30'
Digital Signature Time (CS):	10:43:41 +05'30'

Regulatory Framework Context

The SEBI circulars referenced in the declaration establish specific criteria for identifying Large Corporates, which are subject to enhanced disclosure requirements. Companies that do not meet these criteria must file declarations confirming their non-applicability status to maintain compliance with regulatory frameworks. This filing ensures transparency in corporate categorization and helps stock exchanges maintain accurate records of listed entities' regulatory status.