Diamond Power Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DIACABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Diamond Power Infrastructure has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCL), a state government-owned power transmission company, for the supply of 270 km of cables valued at Rs. 60.53 crores (inclusive of GST). This is a domestic order, and the company has confirmed there is no related-party interest involved. The order is to be executed within 4 months from the date of the actual Purchase Order, which is yet to be issued. The announcement was made under SEBI Regulation 30 disclosure requirements on March 30, 2026. This adds a visible order to the company's cable supply business in the power transmission segment.
Positive for the company — adds a sizeable Rs. 60.53 cr order to the order book from a creditworthy state government PSU client, supporting near-term revenue visibility, though execution remains contingent on the formal Purchase Order being issued.