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Tata Power forms new subsidiary TP Urja Limited for new energy initiatives, here is key details

News by Aliceblue News Desk

24 Apr 2026

Tata Power forms new subsidiary TP Urja Limited for new energy initiatives, here is key details

Introduction

Leading power company incorporated wholly owned subsidiary TP Urja Limited with ₹5 lakh capital to operate in power and energy services sector in India.

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Share price movement of Tata Power

On April 24, 2026, Tata Power Company Ltd opened at ₹431.75, up 0.37% from its previous close of ₹430.15. The stock reached a high of ₹433.60 (0.80%) and a low of ₹426.00. By 11:16 AM, it traded at ₹427.85, a 0.53% decrease, with a market cap of ₹1,36,712.60 crore.

Tata Power Forms TP Urja

Tata Power Company Limited announced incorporation of wholly owned subsidiary TP Urja Limited with authorised and paid up capital of ₹5 lakh divided into 50,000 equity shares.

TP Urja Limited will operate in power sector providing energy services and undertaking activities related to other forms of energy as part of company expansion strategy.

The subsidiary was incorporated on April 22, 2026 after receiving Ministry of Corporate Affairs approval and Tata Power holds 100 percent shareholding through cash consideration investment.

Stock performance of Tata Power for period of 1 week, 6 months, and 1 year

Tata Power Company Ltd delivered a 1-week return of 0.63%, a 6-month return of 8.43%, and a 1-year return of 8.70%.

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Shareholding pattern of Tata Power

ParticularsMar 2026Dec 2025Sep 2025
Promoter46.90%46.90%46.90%
FII10.00%10%10.20%
DII18.30%17.50%16.70%
Public24.80%26%26.30%

About Tata Power

Tata Power Company Ltd (NSE: TATAPOWER) operates in generation transmission and distribution of electricity, focuses on renewable energy, solar solutions and electric vehicle charging infrastructure development.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Tata Power Company Ltd share price rising today?

A: Tata Power Company Ltd incorporated wholly owned subsidiary TP Urja Limited to expand power and energy services operations in India.

Q: What is Tata Power Company Ltd’s main business focus?

A: Tata Power Company Ltd operates in electricity generation transmission and distribution with focus on renewable energy solar solutions and EV charging infrastructure.

Q: What are the 52-week high and low of Tata Power Company Ltd stock?

A: Tata Power Company Ltd stock has 52-week high ₹440.80 and 52-week low ₹342.35.

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