Diamond Power Infrastructure Limited has announced that its Board of Directors will meet on Tuesday, May 26, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The results will include both standalone and consolidated figures, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In accordance with regulatory requirements, the company had previously informed the exchanges that the trading window for dealing in its securities closed on April 1, 2026. This closure is implemented to prevent insider trading during the period leading up to the financial announcement. The window will remain shut until two days after the declaration of the audited results.

The trading window is scheduled to reopen on May 28, 2026. This date ensures that the market has sufficient time to absorb the financial information before trading activities resume for designated insiders. The intimation was formally addressed to the Corporate Relations Departments of both BSE Limited and the National Stock Exchange of India Limited.

The company’s scrip is listed on the BSE with code 522163 and on the NSE under the symbol DIACABS. The communication regarding the Board meeting was signed by Diksha Sharma, the Company Secretary, on May 20, 2026.

Key Meeting Details

Diamond Power Infrastructure Limited has announced the successful commissioning of its 7th MV/EHV Power Cable Production Line at its advanced manufacturing facility in Vadodara, Gujarat. The newly commissioned line employs Continuous Catenary Vulcanisation (CCV) technology, a globally recognised method for manufacturing medium and extra-high voltage XLPE power cables. The investment of ₹55 crores has been funded entirely through internal accruals, with no external debt financing involved. The company further strengthened its integrated manufacturing capabilities in the MV and EHV Power Cable segment, catering to utilities, renewable energy projects, industrial infrastructure, metro rail, smart cities, data centres, and underground power distribution networks.

Capacity Addition Details

The commissioning of this line marks a significant operational milestone, adding 150 kms per month to the company's manufacturing capabilities. Diamond Power also disclosed that three additional MV/EHV Cable Lines are under various stages of installation and commissioning, expected to become operational before 31 March 2027.

The following table outlines the key parameters of the capacity addition:

Strategic Focus and CCV Technology

Diamond Power has adopted a focused strategy to emerge as a leading player in the EHV and MV Power Cable industry by significantly expanding manufacturing capacities, strengthening technology capabilities, and increasing participation in high-value infrastructure and power transmission projects. The company believes India and global power infrastructure are entering a multi-decade investment cycle driven by several structural factors:

• Massive expansion in renewable energy generation
• Rapid growth in power transmission and distribution infrastructure
• Underground cabling in urban areas and smart grid investments
• Increasing industrial electrification
• Expansion of metro rail, airports, ports, and data centres
• Green energy corridor projects and growth in transmission voltages from 132 kV to 220 kV, 400 kV and beyond

CCV technology is regarded as one of the most advanced and globally preferred technologies for manufacturing MV and EHV XLPE Power Cables. The key advantages of this technology are summarised below:

Industry Outlook

The MV and EHV Power Cable industry is entering a phase of sustained long-term growth both in India and globally. Global demand for HV and EHV cables is witnessing strong growth driven by renewable energy integration, underground transmission systems, offshore wind projects, and modernisation of ageing power grids. India is expected to remain one of the fastest growing power infrastructure markets globally due to rapid urbanisation, industrialisation, electrification, and renewable energy expansion.

Key industry trends include capacity utilisation across organised cable manufacturers remaining high, utilities and infrastructure developers increasingly preferring technologically advanced and quality-compliant suppliers, higher voltage underground transmission systems gaining adoption, and significant entry barriers in EHV cable manufacturing due to technology intensity, testing infrastructure, and execution capabilities.

Management Commentary

Commenting on the development, Ms. Nivedita Pandya, Vice President, Engineering and Projects, stated that the commissioning marks another important milestone in Diamond Power's growth journey. She highlighted that the company is making significant investments in advanced technologies and capacity expansion to strengthen its position in the high-growth MV and EHV Power Cable segment. She further noted that with three additional lines under commissioning before March 2027, Diamond Power is building substantial manufacturing capabilities to cater to rapidly growing demand from utilities, renewable energy projects, industrial infrastructure, and urban power transmission networks.