Diligent Industries Limited has received a significant boost to its oil palm operations with the allotment of 9 mandals by the Government of Andhra Pradesh under the Oil Palm Development Programme. This allocation, made pursuant to the National Mission on Edible Oils – Oil Palm (NMEO-OP), positions the company to strengthen its presence in the edible oil segment through enhanced backward integration.

Government Allotment Details

The allotment was formalized through G.O. Ms. No. 16 dated April 2, 2026, issued by the Agriculture & Cooperation (H&S) Department of Andhra Pradesh. The company disclosed this development on April 3, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

District-wise Distribution

The 9 mandals have been strategically distributed across two key districts in Andhra Pradesh. The company has been allocated 3 mandals in Guntur District, covering Tadikonda, Medikonduru, and Prathipadu areas. Additionally, 6 mandals have been assigned in Palnadu District, encompassing Narasaraopet, Rompicharla, Atchampet, Krosuru, Nekarikallu, and Pedakurapadu.

This allocation represents a significant portion of the total 32 mandals distributed by the government across five districts under the oil palm development initiative.

Strategic Impact and Future Prospects

The mandal allotment is expected to significantly enhance Diligent Industries' operational capabilities in the oil palm cultivation segment. The company anticipates that this allocation will strengthen its backward integration in oil palm cultivation and provide enhanced long-term raw material security for its operations.

The strategic positioning through this allotment is designed to support the development of a more structured sourcing network over time. The company expects this allocation to facilitate improved availability of raw materials, which could contribute to operational efficiencies and support future growth initiatives.

Leveraging this government allocation, Diligent Industries plans to establish an integrated processing facility over time. This development is expected to support scale expansion in the edible oil segment and improve overall operational efficiencies, positioning the company for enhanced market presence in the oil palm cultivation and processing sector.

Diligent industries Limited has announced that its Board of Directors will meet on February 14, 2026, to review the company's third-quarter financial performance for the fiscal year 2025-2026. The meeting represents a scheduled corporate governance activity as the company prepares to evaluate its quarterly results.

Board Meeting Details

The board meeting has been formally scheduled to consider the unaudited financial results for the quarter ended December 31, 2025. The meeting will also include a review of the Limited Review Report accompanying the financial statements.

Regulatory Compliance

The company has communicated this board meeting schedule to BSE Limited under Regulation 30, ensuring compliance with stock exchange disclosure requirements. Diligent Industries Limited trades on BSE with scrip code 531153 under the stock symbol "Diligent."

Company Information

Diligent Industries Limited operates from its registered office located at Dwarka Thirumala Road, Denduluru Village and Mandal, West Godavari, Andhra Pradesh. The company maintains its corporate identification number as L15490AP1995PLC088116, reflecting its incorporation status and business classification.

The board meeting notification was signed by Bhanu Prakash Vankineni, Managing Director of the company, carrying DIN 00919910. This formal intimation ensures that stakeholders and regulatory authorities are informed about the upcoming financial results review process.