TD Power Systems Files Declaration on Non-Applicability of SEBI Large Corporate Disclosure Requirements

1 min read     Updated on 14 Apr 2026, 11:14 AM
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TD Power Systems Limited filed a declaration with BSE and NSE on April 14, 2026, confirming it does not qualify as a Large Corporate under SEBI's disclosure requirements. The declaration references SEBI circulars from 2023 and 2018 that establish criteria for Large Corporate categorization. The filing was digitally signed by CFO M N Varalakshmi and Company Secretary Bharat Rajwani, ensuring regulatory compliance.

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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.

Historical Stock Returns for TD Power Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+1.78%+12.59%+24.30%+55.03%+125.60%+557.35%

What specific financial or operational thresholds might TD Power Systems need to cross to be reclassified as a Large Corporate in future assessments?

How might TD Power Systems' non-Large Corporate status affect its access to capital markets and institutional investor interest?

Will SEBI's evolving regulatory framework potentially lower the Large Corporate classification thresholds, impacting mid-sized companies like TD Power Systems?

TD Power Systems Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 07 Apr 2026, 02:29 PM
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TD Power Systems Limited filed its confirmation certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, through registrar MUFG Intime India Pvt. Ltd. The certificate confirms compliance with dematerialisation procedures, proper handling of securities from depository participants, and adherence to prescribed timelines. Company Secretary Bharat Rajwani submitted the filing to BSE and NSE on April 07, 2026, demonstrating the company's commitment to regulatory compliance.

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TD Power Systems Limited has submitted its quarterly confirmation certificate to stock exchanges, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018. The filing covers the quarter ended March 31, 2026, and was communicated to both BSE Limited and The National Stock Exchange of India Ltd on April 07, 2026.

Regulatory Compliance Filing

The confirmation certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Bharat Rajwani signed the submission on behalf of TD Power Systems Limited, ensuring compliance with the prescribed regulatory timeline.

Filing Details: Information
Quarter Covered: March 31, 2026
Filing Date: April 07, 2026
Regulation: SEBI Regulation 74(5)
Compliance Officer: Bharat Rajwani

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The firm provided the confirmation certificate, validating that all securities received from depository participants for dematerialisation during the quarter were properly processed.

Ashok Shetty, Sr. Vice President – Corporate Registry at MUFG Intime India, confirmed that securities received for dematerialisation were appropriately accepted or rejected within prescribed timelines. The certificate also verified that security certificates were mutilated and cancelled after due verification by depository participants.

Depository Compliance Verification

The confirmation certificate addresses several key compliance areas:

  • Securities received from depository participants were confirmed to depositories
  • All securities comprised in certificates have been listed on relevant stock exchanges
  • Security certificates received for dematerialisation were properly confirmed or rejected
  • Names of depositories were substituted in the register of members as registered owners
  • All processes were completed within prescribed regulatory timelines

Company Information

TD Power Systems Limited operates from its registered office and factory located at KIADB Industrial Area, Dabaspet, Nelamangala Taluk, Bengaluru Rural District. The company maintains its listing on BSE Limited under scrip code 533553 and on The National Stock Exchange of India Ltd under the symbol TDPOWERSYS.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in securities handling and maintaining investor confidence through proper depository participant procedures.

Historical Stock Returns for TD Power Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+1.78%+12.59%+24.30%+55.03%+125.60%+557.35%

How might TD Power Systems' operational performance in Q4 FY2026 compare to previous quarters given the current market conditions?

What impact could MUFG Intime India's rebranding from Link Intime have on TD Power Systems' shareholder services and compliance processes?

Will TD Power Systems announce any capacity expansion plans at their Bengaluru facility following this quarterly compliance period?

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1 Year Returns:+125.60%