
Board Meeting12 Jun 2026, 10:31 pm
Diamond Power Board Meeting on June 18 to Approve Fund Raising
AI Summary
Diamond Power Infrastructure Ltd has announced a Board of Directors meeting scheduled for June 18, 2026. The primary agenda is to consider and approve a proposal for enhancing the fund-raising limit through Qualified Institutions Placement (QIP) of equity shares or other securities. This move is subject to regulatory, statutory, and potentially shareholder approvals. Concurrently, the company will close its trading window from June 15, 2026, until 48 hours after the board meeting's outcome announcement, in compliance with SEBI's insider trading regulations. This follows previous approvals from the Board and shareholders in November and December 2025 to raise up to ₹1000 Crores via QIP.
Key Highlights
- Board meeting scheduled for June 18, 2026, to consider fund raising.
- Proposal to enhance limit for Qualified Institutions Placement (QIP).
- Trading window to remain closed from June 15, 2026, due to insider trading norms.
- Previous approvals secured to raise up to ₹1000 Crores via QIP.
Price Impact
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