TD Power Systems Schedules Investor Engagement Amid Preferential Equity Issue
TD Power Systems is engaging with institutional investors and analysts through two scheduled events in September. The company will host a physical plant visit in Bengaluru on September 29, followed by a virtual group meeting with Goldman Sachs on September 30. Both interactions are restricted to publicly available data from the previous quarter's investor presentation.
The company has confirmed that no unpublished price-sensitive information (UPSI) will be discussed during the session, ensuring compliance with fair disclosure norms. The meetings aim to provide market participants with insights based on publicly available data.
TD Power Systems completed a preferential equity issue in September, raising ₹75 crore via the allotment of 12.5 lakh shares at ₹600 each. The issuance was executed in accordance with SEBI regulations and received approval from BSE Limited and the National Stock Exchange of India Limited.