Td Power Systems Limited announced that consequent to completion of the term of appointment, Mr. Hitoshi Matsuo ceases to be Managing Director of the company with effect from September 30, 2012. However, Mr. Hitoshi Matsuo shall continue to be associated with the company as a Whole time Director, to be located at Japan with effect from October 01, 2012 subject applicable statutory approvals. Further, Mr. Nikhil Kumar currently the Joint Managing Director is re-designated as Managing Director of the company with effective from October 01, 2012 subject to statutory approvals.