TD Power Systems Ltd — Share Issue/Capital Change 2022

Aug 30, 2022

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TD Power Systems Limited

(CIN -L31103KA1999PLC025071)

REGISTERED OFFICE & FACTORY: 27, 28 and 29, KIADB Industrial Area Dabaspet, Nelamangala Taluk Bengaluru Rural District Bengaluru – 562 111 India

August 30, 2022

The Corporate Service The Listing Department Department The National Stock Exchange of India Ltd . BSE Limited Exchange Plaza, Bandra- Kurla Complex P J Towers, Dalal Street Bandra (East) Mumbai – 400 001 Mumbai 400 051

Tel +91 80 229 95700 / 6633 7700 Fax +91 80 7734439 / 2299 5718 Mail tdps@tdps.co.in

www.tdps.co.in

Sirs,

Sub: Outcome of Board Meeting held on August 30, 2022

Further to our letter dated August 11 2022, we wish to inform that the Board of Directors of the Company at their meeting held today, inter alia, considered the following;

• a) Sub-division of existing One (1) Equity Share having face value of Rs.10/- each into Five (5) Equity Shares having face value of Rs.2/- each, subject to the approval of shareholders of the Company and regulators/statutory approvals as may be required. The Record date will be decided post ensuing Annual General Meeting and intimated to the stock exchanges.

Further details of sub-division of shares in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 (“SEBI Circular”) are attached as Annexure – A .

• b) Alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company (MoA) on account of sub-division of equity shares subject to approval of shareholders of the Company. Brief of alteration in MoA in terms of SEBI Circular is as follows:

“V. The Authorized Share Capital of the Company is Rs.35,00,00,000/- (Rupees Thirty Five Crores Only) divided into 17,50,00,000 (Seventeen Crores Fifty Lakhs only) Equity Shares of Rs.2/- (Rupees Two Only) each.”

Kindly take note of the above.

Yours faithfully,

For TD Power Systems Limited

Digitally signed Nagaraja by Nagaraja Srivatsa Srivatsa Date: 2022.08.30 13:53:10 +05'30'

N. Srivatsa Company Secretary Encl: A/a

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Annexure A

Details of Sub-Division of Equity Shares in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015

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----- Start of picture text ----- S. No. Particulars Description1 Split Ratio 1:5 i.e. existing one equity share of the Company having facevalue of Rs.10/- each will be sub-divided into Five (5) equityshares having face value of Rs.2/- each.2 Rationale behind the Split To encourage participation of small investors by making it moreaffordable & consequently enhance liquidity of the Company’sequity shares.3 Pre and post subdivisionshare capital – Share Pre Sub-Division Post Sub- Divisionauthorized, paid-up and Capital No. of Face No. of Facesubscribedshares Value shares Value(Rs.) (Rs.)Authorized 3,50,00,000 10 17,50,00,000 2Issued 3,11,25,740 10 15,56,28,700 2Subscribed & 3,11,25,740 10 15,56,28,700 2Paid UpCapital4 Expected time completion Approximately 3 months from the date of receipt of approval ofthe shareholders of the Company.5 Class of shares whichare subdivided Equity shares (There is only one class of Equity Shares)6 Number of shares ofeach class pre and post Please refer to our response at S. No. 3 and S. No. 5 above.split7 Number of shareholders Not Applicablewho did not get anyshares in consolidationand their pre –consolidationshareholding----- End of picture text -----