Diamond Power Infra

Diamond Power Infrastructure received a purchase order dated 16 September 2026 worth about Rs 263.25 crore inclusive of GST from a domestic EPC contractor for an urban power infrastructure project of Maharashtra State Electricity Distribution Company in Bhandup, Maharashtra. The scope comprised medium- and low-voltage XLPE underground cables, overhead conductors and control cables to MSEDCL specifications for manufacture at Vadadala, Vadodara, on variable pricing linked to aluminium, copper and currency, with deliveries after approval of technical particulars and a 66-month supply guarantee. The award followed recent utility orders including a Rs 179.43 crore Adani Electricity Mumbai award for specialised medium-voltage cables and a Rs 195.48 crore basic order for Paschim Gujarat Vij Company via Rajesh Power Services. The company's order book stood at Rs 3,687.55 crore on 11 August, with more than 40% with Adani entities. Consolidated revenue was about Rs 1,910 crore in FY26, with cables contributing 59% and conductors 37%.

Powered by Tijori

Diamond Power Infrastructure received a letter of award from Adani Electricity Mumbai dated 3 September for supply of specialised medium-voltage cables valued at ₹179.43 crore inclusive of GST. The award covered about 871 km in aggregate of 33 kV and 11 kV medium-voltage cable with associated 1.1 kV low-voltage cable, with deliveries to commence on manufacturing clearance at about 50 km a month ahead of a formal purchase order. It was the third consecutive year the company had secured the Mumbai distribution contract, reflecting its catenary continuous vulcanisation capability, in-house testing infrastructure and delivery record, alongside established supply to BEST. The award followed a run of medium-voltage and extra-high-voltage orders in August and early September that ranged from about ₹52 crore to ₹230 crore inclusive of GST, with the order book standing at ₹3,687.55 crore in mid-August. The company reported consolidated revenue of about ₹1,910 crore in FY26, with cables accounting for 59% and conductors for 37%, and revenue of ₹689.9 crore in the June quarter. It operates an integrated manufacturing base at Vadodara with captive aluminium rod mills, and commissioned a 1,500-tonne-a-month copper wire drawing and cable line in August.

Powered by Tijori

Sept 15 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• RECEIVED LETTER OF AWARD FOR 1.79 BILLION RUPEES

Source text: ID:nnAZN4TK5WD

Further company coverage: DIAC.NS

(([email protected];;))

Diamond Power Infrastructure completed its exit from the NCLT resolution framework after fully implementing the ₹2,401 crore resolution plan, comprising ₹501 crore of cash consideration and ₹1,900 crore of 30-year bonds. The ₹501 crore cash component, originally payable through 30 September 2027, was prepaid in September 2026, one year early. Criminal proceedings involving the Central Bureau of Investigation and Enforcement Directorate relating to the pre-acquisition period had been cleared, while the company's Vadodara gross block was free of resolution-era charges. The resolution plan followed Diamond Power's acquisition through the NCLT process by a consortium comprising Rakesh Shah, GSEC and the Monarch Group. The company reported FY26 consolidated revenue of about ₹1,910 crore and an order book of ₹3,687.55 crore on 11 August 2026.

Powered by Tijori

Diamond Power Infrastructure scheduled one-on-one meetings with Nippon Mutual Fund, Tata Mutual Fund, Bandhan Mutual Fund, Union Mutual Fund and Lucky Securities at its Vadodara plant on September 4, 2026. The company also scheduled a second round with representatives of other mutual funds at the same plant on September 7. Diamond Power's consolidated revenue was about ₹1,910 crore in FY26, while its order book stood at ₹3,687.55 crore on August 11. In the June quarter, revenue was ₹689.9 crore and EBITDA was ₹84.6 crore.

Powered by Tijori

Sept 3 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• GETS ORDER WORTH 760.6 MILLION RUPEES

Further company coverage: DIAC.NS

(([email protected];))

Diamond Power Infrastructure commissioned a copper wire drawing and copper cable manufacturing line at its integrated complex in Vadodara on August 20, beginning commercial production the same day. The line had installed capacity of 1,500 tonnes a month and was designed to produce drawn copper conductors and copper-conductor power cables for data centres, power plants and industrial installations. It marked the company’s entry into copper cables after a business focused primarily on aluminium-based cables and conductors, with no substantial investment required because the necessary machinery and infrastructure were already available. Diamond Power reported FY26 consolidated revenue of ₹1,910 crore, with cables accounting for 59% of sales and conductors for 37%.

Powered by Tijori

Aug 20 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• COMMISSIONS COPPER CABLE MANUFACTURING LINE IN VADODARA, GUJARAT

• COPPER CABLE LINE HAS INSTALLED CAPACITY OF 1,500 MT PER MONTH

Source text: ID:nBSE5P6gm8

Further company coverage: DIAC.NS

(([email protected];;))

Aug 13 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE JUNE-QUARTER CONSOL NET PROFIT 584.5 MILLION RUPEES

• DIAMOND POWER INFRASTRUCTURE JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.9 BILLION RUPEES

Further company coverage: DIAC.NS

(([email protected];))

Aug 12 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• RECEIVES LETTER OF INTENT FOR SUPPLY OF XLPE CABLE

• ORDER SIZE IS 610.4 MILLION RUPEES

Source text: ID:nBSE7sHqzN

Further company coverage: DIAC.NS

(([email protected];))

Diamond Power Infrastructure received two purchase orders worth ₹195.48 crore before GST from Rajesh Power Services for 11 kV underground cables for Paschim Gujarat Vij Company (PGVCL) projects in Gujarat. The orders covered about 1,370 km for disaster-management and urban-underground programmes and were scheduled for execution over 12 months, with quantities subject to site surveys and utility approvals. The award followed a separate ₹218 crore conductor order from Adani Energy Solutions in July. Diamond Power reported FY26 revenue of ₹1,910.1 crore and an order book of ₹3,498 crore at March-end.

Powered by Tijori

Diamond Power Infrastructure closed its qualified institutions placement, allotting 7.11 crore equity shares at ₹227 apiece to raise approximately ₹1,615 crore. The issue price was set at a 4.99% discount to the floor price of ₹238.92 per share. The board had approved the QIP of up to ₹2,000 crore in June 2026, primarily to meet minimum public shareholding requirements and to reduce leverage. Promoter holding stood at roughly 84% before the issuance, while net worth was negative ₹6,042 lakhs as of March 2026. The placement is a key step in addressing the regulatory shortfall and funding working-capital needs as the company rides a power-infrastructure capex cycle. Diamond Power’s revenue had grown 71% to ₹1,91,010 lakhs in FY26, with an order book of ₹3,700 crore.

Powered by Tijori

Diamond Power Infrastructure received a letter of award from Adani Energy Solutions to supply AL59 aluminium alloy conductors for two transmission projects in Tuticorin and Pune. The contract, valued at ₹185 crore exclusive of GST, covers 1,050 km of Moose conductor and 3,770 km of Zebra conductor. Deliveries are scheduled between July 2026 and February 2027. The order is priced on a variable basis linked to aluminium LME and rupee-dollar exchange rates, so the final realisation may vary. The company said the award builds on its existing relationship with the Adani group and reflects the growth in India’s transmission capital expenditure cycle.

Powered by Tijori

** Shares of Diamond Power Infrastructure DIAC.NS rise 10% to 218.77 rupees, highest since June 16, 2026

** Co says it received 4.36 billion rupee ($45.68 million)order to supply power cables for 310 MW of data centre projects in Hyderabad

** More than 11.8 million shares change hands vs 30-day avg of 6 million shares

** Stock up 58.5% YTD

(Reporting by Payel Das in Bengaluru)

(([email protected]))

Diamond Power Infrastructure has received a supply order worth ₹435.71 crore for high-tension and low-tension power cables to serve the 310 MW HYD22 to HYD26 Data Center projects in Hyderabad. The cables will be supplied to Larsen & Toubro, Sterling and Wilson, and Blue Star, who are executing the respective phases of the data center campus. The order covers approximately 2,135 kilometres of cable, with deliveries scheduled to begin in August 2026 and run through March 2027. This is among the largest single cable supply orders in India’s data centre segment, according to the company. The contract is priced on a variation basis linked to an industry index, exclusive of GST. The company noted that India’s data centre build-out is creating sustained demand for high-specification power cables, with the overall addressable pipeline estimated at around ₹4,600 crore over the next five years.

Powered by Tijori

** India's Diamond Power Infrastructure Ltd DIAC.NS up 3.2% at 208.75 rupees, snaps a three-session losing streak

** Company's board approves raising 20 billion rupees ($211.95 million) via issuance of shares through Qualified Institutions Placement (QIP)

** Fundraising limit raised from 10 billion rupees earlier

** YTD, stock down 13.13%

($1 = 94.3600 Indian rupees)

(Reporting by Saikeerthi in Bengaluru)

(([email protected]; (+91) 8296756080))

Diamond Power Infrastructure's board approved a Qualified Institutions Placement of up to ₹2,000 crores, raising the earlier sanctioned limit from ₹1,000 crores. The company, which is currently non-compliant with minimum public shareholding rules, intends to use the QIP to meet those requirements among other corporate purposes. The board also constituted a CSR committee and reconstituted risk management and management committees. Shareholder approval for the placement will be sought through a postal ballot, with the exact pricing and number of shares to be determined later under SEBI regulations.

Powered by Tijori

June 18 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE LTD - APPROVES RAISING OF FUNDS VIA QIP FOR NOT MORE THAN 20 BILLION RUPEES

Source text: ID:nNSE8yPhTW

Further company coverage: DIAC.NS

(([email protected];))

June 3 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE - COMMISSIONS 8TH MV/EHV POWER CABLE PRODUCTION LINE AT VADODARA FACILITY

Source text: ID:nNSEFH2z1

Further company coverage: DIAC.NS

(([email protected];))

May 26 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• MARCH-QUARTER CONSOL NET PROFIT 606.1 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.96 BILLION RUPEES

• APPOINTS PAWAN LOHIYA AS CFO EFFECTIVE MAY 26, 2026

Source text: ID:nNSE1FbqRR

Further company coverage: DIAC.NS

(([email protected];))

May 15 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE LTD - COMMISSIONS 7TH MV/EHV CABLE LINE AT VADODARA FACILITY

Source text: ID:nBSE52GFMl

Further company coverage: DIAC.NS

(([email protected];))

April 15 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE LTD- GOT ORDER WORTH 454.7 MILLION RUPEES

Source text: ID:nBSE4pDK2Q

Further company coverage: DIAC.NS

(([email protected];))

April 6 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• GETS ORDER FOR 432.6 MILLION RUPEES

Source text: ID:nBSE30pTlD

Further company coverage: DIAC.NS

(([email protected];;))

March 30 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• RECEIVES LETTER OF INTENT FOR SUPPLY OF CABLES WORTH 439.4 MILLION RUPEES

Source text: ID:nNSE1K6Yx8

Further company coverage: DIAC.NS

(([email protected];))

March 12 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• RECEIVES LETTER OF INTENT FOR 315.1 MILLION RUPEES ORDER

Source text: ID:nBSE9nXt8N

Further company coverage: DIAC.NS

(([email protected];;))

Feb 26 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• RECEIVED LETTER OF INTENT FOR 930. 8 MILLION RUPEES

Source text: ID:nBSE8VfNg4

Further company coverage: DIAC.NS

(([email protected];;))

** Diamond Power Infrastructure DIAC.NS jumps as much as 13.3% to more than five-week high of 143.90 rupees; last up 6.2%

** Power transmission equipment maker's Q3 consol net profit soars about eight folds y/y; rev rises 54% y/y

** YTD, DIAC up 0.78%

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

Jan 5 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• RECEIVES ORDER WORTH 725.1 MILLION RUPEES FROM L&T

Source text: ID:nNSE3xgrn6

Further company coverage: DIAC.NS

(([email protected];))

Nov 24 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE LTD - RECEIVES ORDER WORTH 2.76 BILLION RUPEES FROM ADANI ENERGY SOLUTIONS

Source text: ID:nBSE11XZYj

Further company coverage: DIAC.NS

(([email protected];;))

June 26 (Reuters) - Diamond Power Infrastructure Ltd DIAC.NS:

• DIAMOND POWER INFRASTRUCTURE LTD - RE-COMMISSIONS EHV TESTING LAB CAPABLE OF TESTING UP TO 400 KV

Source text: ID:nBSEbDzsx1

Further company coverage: DIAC.NS

(([email protected];))