TD Power Systems Limited announced the allotment of 12,50,000 equity shares with a face value of Rs 1 each at an issue price of Rs 600 per share, totaling Rs 75,00,00,000, on a preferential basis to Nikhil Kumar and Mohib Nomanbhai Khericha, both promoters, according to a regulatory filing on September 21, 2026. The allotment was approved by the company's board on September 20, 2026, following a special resolution passed by shareholders on September 10, 2026, and in-principle approval from the BSE Limited and National Stock Exchange of India Limited.