Diamond Power Infrastructure Limited (DIACABS) — Board Meeting

📢 Key Event
Board corrects Management Committee composition from three to four members.

🔄 What Changed
Management Committee now includes four members: Rakesh Shah, Himanshu Shah, Dr. Varsha Adhikari, and Pawan Lohiya.

🔮 What's Next
Committee delegated authority for the proposed Qualified Institutional Placement of eligible securities.

💡 Investor Takeaway
The correction ensures accurate governance details ahead of a potential capital raise, maintaining transparency for investors.

Diamond Power Infrastructure Limited corrected a clerical error in its June 18, 2026 board meeting outcome, clarifying that the Management Committee consists of four members rather than three. The revised committee includes Rakesh Shah (Chairperson), Himanshu Shah, Dr. Varsha Adhikari, and Pawan Lohiya, who will oversee the proposed Qualified Institutional Placement of eligible securities. This adjustment ensures accurate governance disclosure ahead of the capital raise.

📄 View Original Announcement (PDF)

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