Diamond Power Infrastructure Limited has announced the outcome of its Board Meeting held on August 13, 2026. The board considered and approved the unaudited financial results for the quarter ended June 30, 2026, both standalone and consolidated. Additionally, the company approved the appointment of Mr. Umeshkumar Chhaya as an Additional and Whole-time Director, subject to shareholder approval.
Board Meeting Outcomes
The Board of Directors of Diamond Power Infrastructure Limited convened on August 13, 2026, to discuss key company matters. A primary outcome was the approval of the unaudited financial results (standalone and consolidated) for the first quarter ended June 30, 2026. These results, along with the limited review reports, have been provided and indicate an unmodified opinion from the auditors.
Key Appointments and Changes
In a significant governance update, the board also approved the appointment of Mr. Umeshkumar Chhaya (DIN: 11881011) as an Additional Director and Whole-time Director. This appointment is effective from August 13, 2026, and is contingent upon the approval of the company’s shareholders at the upcoming Annual General Meeting. Mr. Chhaya brings over three decades of experience in the wire and cable industry, having held senior leadership roles in sales and marketing.
Registered Office Relocation
The board further approved a proposal to shift the company’s Registered Office. The relocation will be from its current site in Vadadala, Gujarat, to Westgate, Ahmedabad, Gujarat. This move is intended to enhance administrative and operational convenience and also requires shareholder approval at the ensuing Annual General Meeting.
Source: BSE