StockWatch
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Other Electrical Equipment
Clarification19 Jun 2026, 10:30 pm

Diamond Power Infrastructure Ltd Corrects Management Committee Composition

AI Summary

Diamond Power Infrastructure Ltd has issued a clarification regarding the composition of its Management Committee, as disclosed in the outcome of its Board Meeting held on June 18, 2026. An inadvertent clerical error led to the committee being incorrectly reported with three members instead of the actual four. The Board of Directors has approved the reconstitution of the committee, which will now comprise four members: Mr. Rakesh Shah (Chairperson), Mr. Himanshu Shah (Member), Dr. Varsha Adhikari (Member), and Mr. Pawan Lohiya (Member). The committee has been delegated powers for the proposed issuance of Eligible Securities through Qualified Institutions Placement (QIP).

Key Highlights

  • Management committee composition corrected from 3 to 4 members.
  • Reconstitution approved by the Board of Directors on June 18, 2026.
  • Committee empowered for Qualified Institutions Placement (QIP).
  • Correction due to an inadvertent clerical error.
  • Key members include Chairperson Rakesh Shah and CFO Pawan Lohiya.