Diamond Power Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 26, 2025
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Diamond Power Infrastructure Limited held its 33rd AGM on September 26, 2025 via video conferencing from 11:30 a.m. to 11:54 a.m. All 14 resolutions on the agenda were passed by the requisite majority, with about 84.73% of total shares (44,64,96,761 out of 52,69,71,060) participating in voting. Key resolutions included adoption of FY25 audited financial statements, re-appointment of Mr. Himanshu Shah as a director, regularization and appointment of Mr. Samir Naik as Whole-time Director, re-appointment of independent directors Mr. Maheswar Sahu and Mr. Rabindra Nath Nayak for a second three-year term, appointment of CS Ashish Shah as Secretarial Auditor for five years, and ratification of Cost Auditors' remuneration for FY26. Material items passed include authority to make loans, guarantees and investments up to Rs. 1,000 crore, modifications to related party transactions with promoter entities GSEC Limited and Monarch Infraparks Private Limited, and amendments to the Memorandum of Association. Practicing Company Secretary Ashish Shah acted as scrutinizer and reported no invalid votes.
This is a routine procedural disclosure confirming shareholder approval of management's proposals, with no resolution facing material dissent. The Rs. 1,000 crore lending/investment limit and related party transaction modifications with promoter companies are the most notable items, giving the board broad financial flexibility but warranting ongoing monitoring by minority shareholders.