Diamond Power Infrastructure Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
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Diamond Power Infrastructure's board, meeting on August 8, 2025, approved multiple items including the appointment of Mr. Samir Naik as Additional Director and Whole-time Director, and Mr. Narayan Navik as Chief IT Officer. Two Independent Directors (Mr. Maheswar Sahu and Mr. Rabindra Nath Nayak) were re-appointed for a 3-year term starting September 17, 2025. The company posted Q1 FY26 standalone revenue of Rs 30,358.62 lakh, up about 36% from Rs 22,386.09 lakh in Q1 FY25, with net profit rising to Rs 1,917.02 lakh from Rs 1,655.77 lakh, giving EPS of Rs 0.36. New Cost Auditors and Secretarial Auditors (for a 5-year term) were also appointed, and amendments to the MOA were cleared subject to shareholder approval. The 33rd AGM is set for September 26, 2025, with e-voting cut-off on September 19, 2025.
Strong year-on-year revenue and profit growth in Q1 FY26 signals improving operating performance, which is positive for shareholders. The auditor's qualified opinion on the Property, Plant & Equipment register and the continuing Enforcement Directorate attachment on assets remain key overhangs to watch. Director changes and auditor appointments are largely routine governance items.