Trading approval received for 12,50,000 preferential shares allotted to promoters

Company has received trading approval from BSE and NSE for 12,50,000 equity shares allotted to promoters on a preferential basis.

Wed 7 Oct 2026

Number of shares

12,50,000 equity shares

Issue price

Rs. 600 per share (face value Rs. 1)

Trading and lock-in dates

Trading from October 07, 2026; lock-in up to 09-04-2028

What the company informed the exchanges

• The company said it has received trading approvals from BSE Ltd and from the National Stock Exchange of India Limited for 12,50,000 equity shares allotted on a preferential basis.
• BSE's letter is dated October 06, 2026 and NSE's letter is dated October 06, 2026.
• The approvals are for trading of these shares, and copies of both approvals are enclosed with the disclosure.

Details of the shares

• Number of shares: 12,50,000
• Face value: Rs.1 per equity share
• Issue price: Rs. 600/- per equity share
• Premium: Rs.599/- per equity share
• Allotted to: Promoters, on a preferential basis
• Date of allotment: 20/09/2026
• Distinctive numbers: 312456861 to 313706860
• These shares rank pari-passu with the old equity shares of the company.

Listing and trading

• BSE has informed trading members that the new securities are listed and permitted to trade on the exchange with effect from Wednesday, October 7, 2026.
• NSE has stated that the shares are listed and admitted to dealings on the exchange from October 07, 2026, under the symbol TDPOWERSYS, series EQ.

Lock-in

• All 12,50,000 shares, bearing distinctive numbers 312456861 to 313706860, carry a lock-in up to 09-04-2028 (09-Apr-2028 on NSE's annexure).

How to read this simply

A preferential allotment means the company issued fresh shares to a specific set of investors, here the promoters, instead of to the public. Trading approval is the step where the exchanges allow those newly issued shares to be bought and sold on the platform. Until this approval comes, allotted shares cannot be traded. The important point for a retail reader is that while these 12,50,000 shares are now admitted for trading on both exchanges, they are under lock-in until 09-04-2028, so the allottees cannot sell them before that date. The shares were allotted at Rs. 600/- each, against a face value of Rs.1 each, and they carry the same rights as the existing equity shares of the company.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.