Diamond Power Infrastructure Limited has issued a correction regarding the composition of its Management Committee. The committee, initially stated to have three members, has been clarified to consist of four members. This update follows a Board Meeting on June 18, 2026, where the reconstitution and delegation of powers for the committee overseeing the proposed issuance of Eligible Securities through Qualified Institutions Placement (“QIP”) were approved.
Management Committee Recomposition Clarified
Diamond Power Infrastructure Limited has provided a clarification concerning the composition of its Management Committee. This correction pertains to the disclosure made following the Board Meeting held on June 18, 2026. An inadvertent clerical error led to the committee being reported with three members, when it in fact comprises four members.
Approved Committee Members
The Board of Directors has officially approved the reconstitution of the Management Committee. This committee has been delegated the necessary powers and authorities for managing the proposed issuance of Eligible Securities via Qualified Institutions Placement (“QIP”). The approved members are:
- Mr. Rakesh Shah – Chairperson (Non-Executive & Non-Independent Director)
- Mr. Himanshu Shah – Member (Non-Executive & Non-Independent Director)
- Dr. Varsha Adhikari – Member (Independent Director)
- Mr. Pawan Lohiya – Member (Chief Financial Officer)
The company requests stakeholders to take note of this correction in the composition of the Management Committee.
Source: BSE
