Promoter and Director Nikhil Kumar acquired 6.25 lakh shares of TD Power Systems Limited for ₹37.50 Cr at ₹600.00 apiece, raising his stake from 8.30% to 8.47% through a preferential allotment.
A manufacturer of AC generators and electric motors for diverse industrial applications, TD Power Systems designs and produces heavy electrical machinery tailored to specific customer requirements and technical specifications. The company serves various sectors including power generation, manufacturing, and infrastructure by delivering customized solutions engineered for reliability and sustained performance. It operates as a specialized producer in India's heavy electrical equipment industry.
