TD Power Systems Promoter Group Declares No Share Encumbrance for FY26

TD Power Systems Limited's promoter group has filed a mandatory disclosure with stock exchanges declaring that no equity shares held by the promoter and persons acting in concert were encumbered during the financial year 2025-26. The disclosure was submitted to both BSE Limited and The National Stock Exchange of India Limited on April 3, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Promoter Group Holdings

Saphire Finman Services LLP, along with persons acting in concert, holds a total of 4,19,78,661 equity shares of face value Rs. 2 each in TD Power Systems Limited as of March 31, 2026. This represents a collective shareholding of 26.87% in the company.

Shareholder Name	Category	Shares Held	Shareholding (%)
Saphire Finman Services LLP	Promoter	2,06,58,225	13.22
Nikhil Kumar	Promoter	1,29,65,320	8.30
Hitoshi Matsuo	Promoter	79,40,486	5.08
Aarya Sankaran Kumar	Promoter Group	2,94,630	0.19
Sagir Mohib Khericha	Promoter Group	1,20,000	0.08
Total Holdings		4,19,78,661	26.87

Regulatory Compliance

The disclosure was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation requires promoters and persons acting in concert to disclose any encumbrance created on their shareholding in listed companies.

Mohib Nomanbhai Khericha, the designated partner of Saphire Finman Services LLP, certified that the information provided in the disclosure statement is true, complete and correct to the best of his knowledge. He confirmed his authorization by the partners to sign the disclosure on behalf of the firm.

Stock Exchange Filing

The encumbrance disclosure was submitted to both the BSE Limited and The National Stock Exchange of India Limited on April 3, 2026. The filing confirms that during the entire financial year 2025-26, none of the equity shares held by the promoter group were encumbered either directly or indirectly.

This disclosure provides transparency to investors regarding the promoter group's shareholding status and ensures compliance with SEBI's regulatory framework for listed companies.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.54%	+8.47%	+35.80%	+72.26%	+168.13%	+613.08%

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.