Diamond Power Infra appoints new CFO Kundip Thakker

Management Changes View source PDF Explain this filing

DIACABS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹346.00

prior close

₹345.85

announcement price

After-mkt

timing

Nifty Microcap 250market-2.6%+1.3% vs market

Other Electrical Equipment peers, median of 51sector-2.4%+1.1% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.1 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-0.2

15m

-1.0

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-2.6+1.3-2.4+1.1

Next day

-5.8-3.6-2.2-4.0-1.8

-6.4-5.8-0.5-7.2+0.8

-6.1-5.5-0.6-6.3+0.2

-3.2-3.8+0.7-4.6+1.4

-6.4-3.8-2.6-3.9-2.5

-1.2pendingpending-4.4+3.3

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 51Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Diamond Power Infrastructure has appointed Mr. Kundip S. Thakker as its new Chief Financial Officer effective October 20, 2026. He brings 26 plus years of finance experience, most recently as CFO of Stelmec Limited and earlier as Head of Treasury at Blue Star Limited. The outgoing CFO, Mr. Pawan Lohiya, has been re-designated as Deputy CFO and continues with the company. This is not a resignation.

Likely market impact

Smooth internal CFO transition with Lohiya retained as Deputy CFO. New CFO Thakker brings strong listed-company fundraising experience.