New CFO appointed; previous CFO re-designated as Deputy CFO

Management Changes View source PDF Explain this filing

DIACABS · price

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▲ 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

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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 Infra board appointed Mr. Kundip S. Thakker as new Chief Financial Officer effective October 20, 2026. He brings over 26 years of finance experience, most recently as CFO of Stelmec Limited, and held senior roles at Blue Star, ABB and Reliance Industries. The previous CFO Mr. Pawan Lohiya has been re-designated as Deputy Chief Financial Officer and continues with the company. The filing explicitly states this is not a resignation.

Likely market impact

Experienced CFO takes the top finance role; continuity maintained as outgoing CFO stays on as Deputy. Neutral to mildly positive.