Diamond Power Infrastructure Ltd

Diamond Power Infrastructure Limited announced the appointment of Kundip S. Thakker as Chief Financial Officer and Key Managerial Personnel, effective October 20, 2026, following a board meeting on October 19, 2026. Simultaneously, Pawan Lohiya will cease to be the Chief Financial Officer at the close of business hours on October 19, 2026, and will be re-designated as Deputy Chief Financial Officer, also effective October 20, 2026.

Diamond Power Infrastructure Limited announced the appointment of Kundip S. Thakker as Chief Financial Officer and Key Managerial Personnel, effective October 20, 2026, following a board meeting on October 19, 2026. Simultaneously, Pawan Lohiya will cease to be the CFO and KMP at the close of business hours on October 19, 2026, and will be redesignated as Deputy Chief Financial Officer, also effective October 20, 2026.

Diamond Power Infrastructure Limited submitted a confirmation certificate to the Bombay Stock Exchange and National Stock Exchange of India, received from KFin Technologies Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.

Diamond Power Infrastructure Limited announced the appointment of Ashwani Saraf as Chief Operating Officer, effective October 3, 2026, while Kalpesh Patel has ceased to be the Chief Operating Officer, also effective October 3, 2026, due to health reasons.

Diamond Power Infrastructure Limited will close its trading window for company securities for all insiders, including directors and designated persons, from October 1, 2026, until 48 hours after the declaration of the un-audited financial results for the half-year ending September 30, 2026, as per SEBI regulations.

Diamond Power Infrastructure Ltd. currently trades at Rs 365.9, after recent declines saw the stock slip 0.85% over the last week. Diamond Power Infrastructure Limited (DICABS) has secured orders totaling Rs 116.49 crore (Rs 98.72 crore excluding GST) from Polite Powertech Limited for the supply of 11 kV XLPE power cables to be used in underground distribution projects in Gujarat. The orders, covering approximately 655 km of cables, are for projects in the Bhavnagar and Ahmedabad regions and are linked to a variable price formula. A portion of the order, valued at Rs 79.83 crore (including GST), is contingent upon Polite Powertech receiving a Letter of Award from Uttar Gujarat Vij Company Ltd. The company highlighted this win as a reflection of trust in its quality and delivery, following its recent exit from the NCLT framework. Diamond Power Infrastructure Ltd. shares saw a trading volume of 2.93 lakh today, a decrease of 77.49% compared to the average volume over the last one week. Diamond Power Infrastructure Ltd. soared by 125.91% year-over-year, outperforming the NIFTY50 index's 8.17% loss.

Diamond Power Infrastructure Ltd. is down 2.94% to Rs 383.15, after recently rising and gaining 9.00% over the last week. Diamond Power Infrastructure Limited (DICABS) has secured a purchase order valued at approximately Rs 263.25 crore (inclusive of GST) from a domestic EPC contractor for the supply of power cables and conductors. The order, awarded on September 16, 2026, is for an urban power infrastructure project of the Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra’s Bhandup region and involves the supply of medium-voltage (MV) and low-voltage (LV) XLPE underground power cables, overhead conductors, and control cables. The order reinforces DICABS’ position as a preferred supplier to state utilities and will be priced based on prevailing aluminum and copper prices. Trading volume reached 4.1 lakh shares today, a decrease of 59.92% compared to the average volume over the one-week period. Diamond Power Infrastructure Ltd. jumped by 150.13% year-over-year, outperforming the 8.01% loss recorded by the NIFTY50 index.

Diamond Power Infrastructure Ltd. is up 5.00% to Rs 387.5, extending recent gains and rising 15.24% over the last week. Diamond Power Infrastructure Limited (DPIL) has received a Rs 179.43 crore Letter of Award from Adani Electricity Mumbai Limited (AEML) for the supply of specialised medium voltage (MV) cables, marking the third consecutive year DPIL has secured this contract. The order, inclusive of GST, covers approximately 871 kilometers of cable, including 33 kV and 11 kV MV cable and associated 1.1 kV low voltage cable, specifically engineered with water-tree retardant (TR-XLPE) insulation to address Mumbai's challenging coastal and monsoon conditions. This award reflects AEML's assessment of DPIL’s manufacturing capabilities and delivery performance, further solidifying the company's position as a leading manufacturer of MV and EHV power cables in India. Diamond Power Infrastructure Ltd. shares saw a trading volume of 8.18 lakh today, a surge of 26.58% compared to the average volume over the past week. Diamond Power Infrastructure Ltd. jumped by 144.74% year-over-year, outperforming the NIFTY50 index's 6.43% loss.

Diamond Power Infrastructure Limited has received a Letter of Acceptance from a domestic EPC contractor for the supply of 66 kV Extra High Voltage (EHV) underground power cables for a 66 kV transmission project in Gujarat, with a total contract value of Rs 76,05,89,060 including GST. The order, which covers approximately 293 kilometers of cable, is expected to see deliveries commence upon manufacturing clearance, at a rate of roughly 50 km per month, and reinforces the company's position in the high-value EHV segment. The transaction is considered to be at arm’s length and does not involve related parties.

Diamond Power Infrastructure Limited announced it has received a Letter of Intent from Aurionpro Solutions Limited for Rs 52.86 crore, including GST, to supply HT and LT electrical cables for a hyperscale data centre campus in Hyderabad. The order, which comprises approximately 130 kilometers of cable, marks the company's entry into copper-based cable production and strengthens its position in the data centre sector, with its current order book for data centre projects exceeding Rs 575 crore. Supplies are scheduled to commence immediately and will be delivered on a staggered basis aligned with the site's construction program.