Mumbai, April 8 -- TD Power Systems manufactures generators and motors, catering to multiple industries with reliable and efficient power solutions up to 200 MW. Their products have illuminated cities, powered countless lives, and connected communities across the globe. As per the latest audited financials for FY 2023-24, the company reported a turnover of Rs 1,000.519 crore.

The acquisition of 84,620 equity shares was made for investment purposes. The cost of acquisition is Rs 3.001 crore and it was completed through cash consideration on 7 April 2025.

The company also clarified that the acquisition does not fall within related party transactions, and neither the promoter, promoter group, nor any group companies have any interest in th...