NSEBagging/Receiving of orders/contracts1d ago · 21 Sept 2026, 01:48 pm
Bagging/Receiving of orders/contracts
Diamond Power Infrastructure Limited · DIACABS
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Diamond Power Infrastructure Limited has received orders aggregating ₹116.49 crore for the supply of 11 kV XLPE power cables for underground distribution projects in Gujarat.
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Diamond Power Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts for supply of 11 kV XLPE power cables
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DIAMOND POWER INFRASTRUCTURE LIMITED
September 21, 2026
To, To,
The Manager – Listing Department The Manager – Listing Department
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, BKC,
Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Scrip Code: 522163 Symbol: DIACABS
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Receipt of orders aggregating ₹116.49 crore (including GST)
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, read with Part A of Schedule III thereto, we wish to inform you that Diamond Power Infrastructure
Limited (“the Company”) has received orders from Polite Powertech Limited aggregating ₹116.49 crore
(including GST; ₹98.72 crore excluding GST) for the supply of 11 kV XLPE power cables for underground
distribution projects in Gujarat.
A copy of the Press Release being issued by the Company in this regard is enclosed as Annexure A. The
details required under Regulation 30 of the Listing Regulations, read with the applicable SEBI Circular, are
enclosed as Annexure B.
This intimation is also being made available on the website of the Company at www.dicabs.com
You are requested to kindly take the above on record.
Thanking you,
Yours faithfully,
For Diamond Power Infrastructure Limited
Jayesh Patel
Company Secretary
ICSI M. No.: A14898
Encl.: Annexure A – Press Release
Annexure B – Disclosure under Regulation 30
Regd. Office & Factory: Vadadala, Phase – II
Savli, Vadodara, Gujarat, India-391520
CIN: L31300GJ1992PLC018198
Email: cs@dicabs.com, Website: www.dicabs.com
Tel No.- 02667-251354/251516
Fax No.-02267-251202
DIAMOND POWER INFRASTRUCTURE LIMITED
Annexure A
PRESS RELEASE
Diamond Power Infrastructure Limited (DICABS) secures ₹116.49 crore of 11 kV power
cable orders for Gujarat’s underground distribution network
Vadodara, 21 September 2026: Diamond Power Infrastructure Limited (“DPIL” or “the Company”; BSE: 522163, NSE:
DIACABS), one of India’s established manufacturers of power cables and conductors under the DICABS brand, has
secured orders aggregating ₹116.49 crore (including GST; ₹98.72 crore excluding GST) for the supply of 11 kV XLPE-
insulated medium voltage power cables. The orders have been received directly from a Gujarat-based EPC contractor
executing underground cabling projects for state power distribution companies in Gujarat.
The orders cover approximately 655 km of 11 kV three-core aluminium XLPE cables in sizes of 300, 240, 95 and 70 sq
mm, to be supplied for urban underground distribution projects in the Bhavnagar and Ahmedabad regions. The cables
will be manufactured at the Company’s integrated plant near Vadodara, which draws aluminium from DICABS’ own rod
mills, and will be supplied in lots against manufacturing clearances, subject to utility-specified inspection and testing.
The orders are on a variable-price basis; the value stated is the base price set out in the orders, with final realisation
linked to the applicable price-variation formula. Orders aggregating ₹79.83 crore (including GST) are subject to receipt
of the Letter of Award by the EPC contractor from the end utility.
Commenting on the orders, Mr. Kavish Shah, Vice President, Diamond Power Infrastructure Limited, said:
“Gujarat’s distribution utilities are taking large parts of their urban networks underground to improve reliability and
resilience, and medium voltage cables are at the heart of that programme. Winning four orders in a single day for projects
across Bhavnagar and Ahmedabad reflects the trust EPC contractors and utilities place in DICABS’ quality, testing
standards and delivery. With our resolution plan fully implemented and the Company out of the NCLT framework, we are
scaling up our MV and EHV cable business and building a strong, diversified order book, and we look forward to executing
these orders on time.”
About Diamond Power Infrastructure Limited (DICABS)
Diamond Power Infrastructure Limited, a company with a five-decade legacy, manufactures EHV, HV, MV and LV power
cables and conductors under the DICABS brand. Its manufacturing facilities near Vadodara, Gujarat have an installed
capacity of 250,000 MT per annum across 125 operational machines, supported by backward integration into four in-
house aluminium rod mills and captive wind power. The Company serves power utilities, transmission and distribution
EPC contractors, renewable energy developers and industrial customers across India. In September 2026 the Company
prepaid its resolution-plan obligations in full, a year ahead of schedule, and has exited the NCLT mechanism.
Disclaimer
This press release may contain forward-looking statements based on management’s current expectations. Actual results may differ materially
due to factors including commodity prices, execution, regulatory changes and market conditions. The Company undertakes no obligation to
update such statements.
Regd. Office & Factory: Vadadala, Phase – II
Savli, Vadodara, Gujarat, India-391520
CIN: L31300GJ1992PLC018198
Email: cs@dicabs.com, Website: www.dicabs.com
Tel No.- 02667-251354/251516
Fax No.-02267-251202
DIAMOND POWER INFRASTRUCTURE LIMITED
Annexure B
Disclosure of details under Regulation 30 of the Listing Regulations read with the
applicable SEBI Circular – Award / Receipt of Order
Sr. Particulars Details
1 Name of the entity awarding the Polite Powertech Limited, Surat (EPC contractor), for
order(s) underground cabling projects of Paschim Gujarat Vij Company Ltd
(PGVCL) and Uttar Gujarat Vij Company Ltd (UGVCL)
2 Significant terms and conditions, in brief Supply of 11 kV (E) three-core aluminium XLPE-insulated power
cables (3Cx300, 3Cx240, 3Cx95 and 3Cx70 sq mm), approx. 655
km in aggregate, as per utility technical specifications. Variable-
price basis with base months of February, April and July 2026.
Delivery at site in Bhavnagar and Ahmedabad regions; lot-wise
manufacturing against written clearance, with inspection and
testing as per the end-utility tender terms. Order value of ₹79.83
crore (including GST) under PO 277 is subject to receipt of the
Letter of Award by the EPC contractor from UGVCL.
3 Whether awarded by domestic / Domestic
international entity
4 Nature of order(s) Supply of medium voltage (11 kV) power cables
5 Time period by which the order(s) are to In lots, as per manufacturing clearances issued by the customer
be executed [expected over the next 12 months]
6 Broad consideration or size of the ₹1,16,48,71,805 (approx. ₹116.49 crore) including GST @18% —
order(s) comprising basic value of ₹98,71,79,496 (₹98.72 crore) and GST of
₹17,76,92,309 (₹17.77 crore), at base prices
7 Whether the promoter / promoter No
group / group companies have any
interest in the entity that awarded the
order(s); if yes, nature of interest and
details
8 Whether the order(s) would fall within No
related party transactions; if yes,
whether done at arm’s length
Order-wise summary
PO No. Project / Location Utility Qty (m) Basic (₹) GST @18% (₹) Total incl. GST (₹)
PO/PPPL/26- Chitra-2, PGVCL 27,430 3,80,88,007 68,55,841 4,49,43,848
27/274 Bhavnagar
PO/PPL/26- Kumbharwada, PGVCL 71,183 12,09,24,818 2,17,66,467 14,26,91,285
27/275 Bhavnagar
PO/PPL/26- Diamond Chowk, PGVCL 88,966 15,16,32,537 2,72,93,857 17,89,26,394
27/276 Bhavnagar
Regd. Office & Factory: Vadadala, Phase – II
Savli, Vadodara, Gujarat, India-391520
CIN: L31300GJ1992PLC018198
Email: cs@dicabs.com, Website: www.dicabs.com
Tel No.- 02667-251354/251516
Fax No.-02267-251202
DIAMOND POWER INFRASTRUCTURE LIMITED
PO/PPPL/26- Kathwada & Shilaj, UGVCL 4,67,777 67,65,34,134 12,17,76,144 79,83,10,278
27/277* Ahmedabad
Total 6,55,356 98,71,79,496 17,76,92,309 1,16,48,71,805
* Subject to receipt of Letter of Award from UGVCL by the EPC contractor. Cable sizes: 3Cx300 & 3Cx95 sq mm (PGVCL); 3Cx300, 3Cx240 &
3Cx70 sq mm (UGVCL).
Regd. Office &
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