TD Power Systems Sets Ex-Date for 1:2 Stock Split

BENGALURU/MUMBAI — Shares of TD Power Systems Limited (NSE: TDPOWERSYS / BSE: 533553) are in close focus as the company reaches the final trading window for investors to qualify for its upcoming 1:2 stock split. The electrical equipment manufacturer has fixed Monday, August 24, 2026, as the record date to determine shareholder eligibility for the sub-division of its equity shares. Under Indian equity settlement cycles, investors purchasing shares prior to the ex-split date will be eligible for the corporate action.

Terms and Mechanics of the 1:2 Equity Sub-division

According to regulatory filings submitted to stock exchanges, the Board of Directors approved sub-dividing each existing equity share having a face value of ₹2 into two equity shares with a face value of ₹1 each.

Key parameters of the split structure include:

• Pre-Split Equity Face Value: ₹2 per equity share.

• Post-Split Equity Face Value: ₹1 per equity share.

• Split Ratio: 1:2 (Holders receive two shares for every single share held).

• Record Date: Monday, August 24, 2026.

• Ex-Split Trading Date: Monday, August 24, 2026.

The sub-division increases the total volume of outstanding equity shares while proportionally adjusting the market price per share on the ex-date. The overall market capitalization of the company and the total value of individual investor holdings remain unchanged immediately following the corporate action.

Financial Performance and Share Price Trajectory

TD Power Systems, a provider of custom-designed AC generators and electric motors, has delivered significant long-term capital appreciation. Market performance drivers for the stock include:

• Multibagger Growth Profile: The company's equity shares have surged over recent years, supported by strong order inflows in the power generation and capital goods sectors.

• Order Book Visibility: Order execution across domestic and international markets has bolstered operating revenues and margin performance.

• Corporate Actions History: The current sub-division follows previous capital restructuring actions aimed at widening the retail investor base.

Market Impact on Investors and Trading Volume

The sub-division of face value reduces the absolute market price per unit, lowering entry barriers for retail market participants. Existing shareholders will automatically receive the additional credited shares in their dematerialized (Demat) accounts following processing by the depositories, Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL).

For prospective buyers, shares must be purchased before the ex-date to ensure settlement occurs prior to the record date.

Official Statements

"The board of directors has fixed August 24, 2026, as the record date for determining the eligibility of shareholders for the sub-division/split of equity shares," according to official corporate filings submitted to the National Stock Exchange of India and the BSE India.

"The split in equity shares is intended to enhance the liquidity of the company's shares in the stock market and to encourage wider participation of small retail investors," company regulatory disclosures stated.

Why It Matters

Stock splits reduce the unit price of high-value equities without diluting ownership stakes or altering company fundamentals. By lowering the price per share, TD Power Systems improves secondary market liquidity, aiding price discovery and allowing retail investors to participate in the capital goods manufacturer's growth trajectory.

Key Facts at a Glance

• Company: TD Power Systems Limited (NSE: TDPOWERSYS)

• Corporate Action: 1:2 Stock Split (Sub-division of face value)

• Face Value Revision: Reduced from ₹2 to ₹1 per share

• Record & Ex-Date: Monday, August 24, 2026

• Primary Objective: Enhance trading liquidity and retail participation

Frequently Asked Questions (FAQ)

What is the record date for the TD Power Systems stock split?

The company has fixed Monday, August 24, 2026, as the record date to determine eligible shareholders.

How does a 1:2 stock split affect my investment value?

The total financial value of your holding remains identical. You will hold double the number of shares, while the price per share adjusts to approximately half of its pre-split closing level.

Do shareholders need to apply manually to receive split shares?

No. Additional split shares are credited automatically to the Demat accounts of eligible shareholders by the registrar and depositories.

What was the face value of TD Power Systems shares before the split?

The equity shares carried a face value of ₹2 per share, which is now sub-divided to ₹1 per share.

Source: Official exchange notifications filed with the National Stock Exchange of India and corporate disclosures published on the BSE India.