Stock split alert! Last day to buy multibagger TD Power Systems shares to be eligible for 1:2 split

Electric equipment maker TD Power Systems has fixed August 24 (Monday) as the record date for its 1:2 stock split, effectively making today the last day for interested investors to buy shares of the company to be eligible for the corporate action.

According to SEBI's T+1 settlement cycle, investors must buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Monday, making them eligible for the stock split.

What TD Power Systems stock split means for investors

TD Power Systems in May had announced that its board of directors have considered and approved the plan to split every existing share of the company with a face value of Rs 2 each into two equity shares with a face value of Re 1 each.


For example, let’s take an investor who owns 100 shares of the company worth Rs 10 each on the record date, taking the total value of her stock holding to Rs 1,000. After the stock split takes effect, her 100 shares will be split into 200 shares, but the value of each of these shares will reduce to Rs 5. This will keep the total value of stock holding unchanged at Rs 1,000.

While the number of outstanding shares increases, the company’s overall market capitalisation remains unchanged. A lower share price can make the stock more accessible to retail investors, potentially improving participation and trading volumes.

TD Power Systems had said that the rationale behind the stock split was to encourage participation of small investors by making it more affordable and consequently enhance liquidity of the shares.

Also read | TD Power Systems Q1 profit jumps 72% YoY to Rs 86 crore

TD Power Systems share price

TD Power Systems shares gained over 2% in a week and 33% in a month, being overall up around 125% in 2026 so far. After hitting a 52-week low of Rs 493 apiece in August 2025, the stock skyrocketed over 224% in less than a year to hit a 52-week high of Rs 1,597.70 apiece on NSE earlier this month.

In the longer term, the stock has delivered stellar returns of nearly 500% in three years and around 3,088% in five years. The company has a market capitalisation of Rs 23,558 crore.

Also read | TD Power Systems stock hits fresh record highs in August; time to buy or book profits?

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