ALPHA TRIBE

TD Power Systems LimitedInsider Trade, 26-05-2025: Insider/ Institutional Trade

26-05-2025 | 05:12 pm

Promoter Nikhil Kumar sold 45 lakh equity shares (2.88% of the paid-up capital) of TD Power Systems Limited through the open market on May 22, 2025. Along with sales by Saphire Finman Services LLP (33 lakh shares) and Hitoshi Matsuo (21 lakh shares), a total of 99 lakh shares (6.34%) were sold by promoters and promoter group members. As a result, Nikhil Kumar’s stake reduced from 11.18% to 8.30%, and the combined promoter holding dropped from 33.22% to 26.88%. This significant stake reduction by promoters could impact investor sentiment.

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