Diamant Infrastructure Limited shareholders overwhelmingly approved the appointment of two new independent directors at the 46th Annual General Meeting held on September 29, 2026. The resolutions received 99.90% votes in favour, reflecting strong consensus on governance changes.

The meeting, conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, began at 11:00 am and concluded at 12:30 pm in Nagpur. A total of 32 members were present at the registered office located at Plot No. 3, Hindustan Colony, Wardha Road, Nagpur. The Chairman confirmed that the requisite quorum was present and that statutory registers were available for inspection.

Board changes and resolutions

The primary special business transacted involved the appointment of new independent directors to strengthen the board's governance structure. The resolutions were put to vote by poll, with remote e-voting facilities provided from September 26 to September 28, 2026.

The following individuals were appointed as Non-Executive Independent Directors:

• Jigar Hasmukhrai Kamdar (DIN: 01907056)
• Balkisan Satyanarayan Bang (DIN: 07531679)

Additionally, ordinary business included the adoption of audited financial statements for FY26 and the re-appointment of Naresh Satyanarayan Saboo (DIN: 00297916) as Managing Director, who retired by rotation and offered himself for re-appointment.

Voting results breakdown

The scrutinizer's report details the specific voting outcomes for each resolution. The promoter group voted unanimously in favour of all resolutions. Public shareholders showed minor dissent on certain items, but all resolutions passed comfortably.

Meeting logistics and voting

Avinash Gandhewar & Associates served as the scrutinizer for the e-voting process and polls. The Chairman briefed members on the company’s performance during the last fiscal year and outlined plans for the current year, though specific financial metrics were not detailed in the immediate proceedings summary. The notice convening the meeting, along with the Director's Report and Auditor's Report, were taken as read with unanimous consent.

Diamant Infrastructure Limited recommended the appointment of Jigar Hasmukhrai Kamdar and Balkisan Satyanarayan Bang as Non-Executive Independent Directors on its Board. The appointments are effective September 29, 2026, pending approval at the ensuing Annual General Meeting.

The Board approved the recommendations during a meeting held on September 4, 2026, at the company’s registered office in Nagpur. The move aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Director Profiles and Tenure

Both appointees will hold office until September 28, 2031. The company confirmed that neither director is related to any existing Directors or Key Managerial Personnel.

Kamdar brings over three decades of experience across manufacturing and infrastructure sectors. Bang, a Fellow Member of the Institute of Chartered Accountants of India, offers more than four decades of expertise in audits, tax regulations, and regulatory compliance under the Companies Act and SEBI Regulations.

The Board meeting commenced at 5:00 pm and concluded at 6:00 pm. Naresh Satyanarayan Saboo, Managing Director, signed the intimation filed with BSE Limited.