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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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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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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DIACABS_21092026134811_Regulation_30-Receipt_of_Order.pdf

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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 & [Showing first 8,000 characters — download PDF for full document]