Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
DIACABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Diamond Power Infrastructure Limited received notices from both NSE and BSE on May 18, 2026, for non-compliance with Minimum Public Shareholding (MPS) requirements under Regulation 38 for Q4 ended March 31, 2026. A fine of Rs. 4,50,000 was imposed by each exchange (Rs. 5,31,000 including 18% GST per exchange). The company paid the fine on May 20, 2026, but the MPS non-compliance continues. As a consequence, the entire promoter shareholding has been frozen, and promoters/directors are barred from taking new director positions in other listed companies until compliance is achieved. The Board will discuss this matter on May 26, 2026.
The company faces ongoing regulatory restrictions with frozen promoter holdings and director appointment bans. While the fine has been paid, the continued non-compliance puts further penalties at risk and limits promoter flexibility in trading their shares.