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TD Power Systems

By Shilpa Reddy , 23 May 2025
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Promoters and Public Shareholder Offload Rs. 530 Crore Stake in TD Power Systems; Goldman Sachs Increases Holdings

On Thursday, TD Power Systems witnessed a significant shift in its shareholding pattern as three promoter entities along with a public shareholder sold a combined 1.15 crore shares, representing a 7.4 percent stake in the company. The transactions, executed through open market sales, fetched approximately Rs. 530 crore at prices ranging between Rs. 460.09 and Rs. 463.28 per share. This divestment reduced the promoters’ collective stake from 33.22 percent to 26.89 percent.

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