Committee Meeting Updates

Diamond Power Infrastructure LimitedDIACABS · Filed with the exchange

Diamond Power Infrastructure's Management Committee has approved the closure of its Qualified Institutional Placement (QIP). The company allocated 7.11 crore equity shares to eligible qualified institutional buyers at ₹ 227 per share, including a premium of ₹ 226. This price reflects a discount of ₹ 11.92 (4.99%) from the floor price of ₹ 238.92. The QIP successfully raised approximately ₹ 1612.07 crore, strengthening the company's financial position and supporting future growth initiatives.

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