Diamond Power Infrastructure hosts plant visits on July 2 and July 4

Diamond Power Infrastructure Limited will host a series of plant visits for analysts and institutional investors on July 2, 2026, and July 4, 2026, at its manufacturing facility in Vadodara. These interactions are intended to provide stakeholders with a direct understanding of the company's operations based on publicly available information. The meetings will be conducted in a one-on-one format.

The discussions will focus on the company's operations and financial performance, strictly utilizing information already in the public domain. No unpublished price sensitive information will be disclosed during these interactions. The company's latest investor presentation is accessible on its official website.

The disclosure was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The schedule for these plant visits remains subject to potential changes due to exigencies faced by the analysts, investors, or the company.

Meeting Details

Day and Date	Name of Analyst/Institutional Investor(s)	Type of meeting	Mode of meeting	Location
Thursday, July 02, 2026	Group of investor(s)/Analyst	One-on-one	In Person	Company's Plant at Vadodara
Saturday, July 04, 2026	Group of investor(s)/Analyst	One-on-one	In Person	Company's Plant at Vadodara

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+10.00%	+18.29%	+29.58%	+111.78%	+59.37%	+3,36,237.50%

Diamond Power Infrastructure Limited has scheduled a meeting of its equity shareholders on July 22, 2026, to seek approval for raising funds up to ₹2,000 crore through Qualified Institutions Placement (QIP). The meeting, convened via video conferencing, aims to secure shareholder consent to address the company's non-compliance with Minimum Public Shareholding (MPS) norms and strengthen its capital base. The resolution requires a special majority to be passed.

The board previously approved the enhancement of the fund-raising limit from ₹1,000 crore to ₹2,000 crore on June 18, 2026. This decision aligns with compliance requirements under Rule 19(2)(b) and 19A of the Securities Contracts (Regulation) Rules, 1957, and Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company cited a SEBI circular dated February 3, 2023, identifying QIP as a permissible method to achieve this compliance.

Postal Ballot and Voting Details

Shareholders can cast their votes through remote e-voting from July 19, 2026, to July 21, 2026. The remote e-voting period commences at 9:00 a.m. IST on July 19 and concludes at 5:00 p.m. IST on July 21. The results are expected to be announced on or before July 21, 2026. The cut-off date for determining eligible shareholders is July 15, 2026.

Event	Date
Remote e-voting Commences	July 19, 2026 (9:00 a.m. IST)
Remote e-voting Ends	July 21, 2026 (5:00 p.m. IST)
Cut-off Date	July 15, 2026
Shareholders Meeting	July 22, 2026 (12:00 p.m. IST)

QIP Terms and Utilization

The proposed issuance involves fully paid-up equity shares of face value ₹1 each to Qualified Institutional Buyers (QIBs). The board is authorized to issue shares in one or more tranches within 365 days of the resolution's passing. The pricing will be determined based on the floor price formula under SEBI ICDR Regulations, potentially with a discount of up to 5%. A minimum of 10% of the issue size must be allotted to mutual funds. The proceeds are intended for investments in subsidiaries, capital expenditure, debt repayment, and working capital requirements.

Committee Reconstitution

Alongside the fund-raising approval, the board reconstituted key committees. The Corporate Social Responsibility committee was formed with Mr. Rakesh Shah as Chairperson. The Risk Management committee was reconstituted with Mr. Rabindra Nath Nayak as Chairperson. Additionally, a management committee comprising Mr. Rakesh Shah, Mr. Himanshu Shah, and Dr. Varsha Adhikari was established to delegate powers for the QIP issuance.