Diamond Power Infra Achieves 25.97% Public Shareholding Post-QIP

Diamond Power Infrastructure Limited has successfully complied with the Minimum Public Shareholding (MPS) requirement of 25% after completing a Qualified Institutions Placement (QIP). The QIP, which opened on July 24, 2026, and closed on July 28, 2026, resulted in the allotment of 7,11,00,000 equity shares. This allotment reduced the Promoter and Promoter Group's shareholding from 84.02% to 74.03%, increasing public shareholding to 25.97%. The company was previously subject to a penalty of ₹1,65,200 from stock exchanges for non-compliance. The newly issued shares were listed and admitted for trading on July 30, 2026.