12-Oct-2026 19:41:30
TDPOWERSYSIPO
TDPOWERSYS RAISED RS 600 CR FUNDS FROM QIB @ ₹775/SHARE
• Allotted ~77.42 lakh equity shares to eligible qualified institutional buyers • Issue price ₹775/share, a 0.05% discount (₹0.35) to the floor price of ₹775.35/share • Total issue size ~₹600 Cr based on allocated shares and issue price Impact: Neutral (₹600 Cr QIP adds equity capital at a marginal discount to floor price; use of proceeds not disclosed and ~77.42 lakh new shares dilute equity)
TD Power Systems Ltd
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