Corporate Actions

Diamond Power Infrastructure Limited secures Rs 76.06 crore contract for 66 kV underground power cables in Gujarat

03-Sep-26   20:10 Hrs IST

Diamond Power Infrastructure Limited has received a Letter of Acceptance from a domestic EPC contractor for the supply of 66 kV Extra High Voltage (EHV) underground power cables for a 66 kV transmission project in Gujarat, with a total contract value of Rs 76,05,89,060 including GST. The order, which covers approximately 293 kilometers of cable, is expected to see deliveries commence upon manufacturing clearance, at a rate of roughly 50 km per month, and reinforces the company's position in the high-value EHV segment. The transaction is considered to be at arm’s length and does not involve related parties.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.