Outcome of Board Meeting

DIAMOND POWER INFRASTRUCTURE LIMITED November 03, 2026 Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited 2nd Floor, P.J. Towers Exchange Plaza, Plot No. C/1, G- Block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 522163 Scrip Symbol: DIACABS Sub.: Outcome of Board Meeting held on November 3, 2026, in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Tuesday, November 3, 2026, has, inter alia, transacted the following business: 1. Approval of Unaudited Financial Results The Board considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026, as reviewed and recommended by the Audit Committee, together with the Limited Review Reports issued by the Statutory Auditors, M/s. Naresh & Co., Chartered Accountants, Vadodara (FRN: 106928W). The Statutory Auditors have issued Limited Review Reports with an unmodified conclusion on these results. The results and the Limited Review Reports are enclosed as Annexure-A. As required by the SEBI Listing Regulations, a QR code and web-link to these results will also be published in newspapers. 2. Statement of Deviation/Variation in utilisation of proceeds of Qualified Institutions Placement and Monitoring Agency Report. Pursuant to Regulation 32 of the SEBI Listing Regulations, the Board took note of the Statement of utilization of the funds raised through the Qualified Institutions Placement (“QIP”) for the quarter ended September 30, 2026, as reviewed by the Audit Committee. There has been no deviation or variation in the utilisation of the QIP proceeds from the objects stated in the Placement Document. The Board also took note of the Monitoring Agency Report for the quarter ended September 30, 2026, issued by CARE Ratings Limited, the Monitoring Agency appointed by the Company under Regulation 173A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Regd. Office: Westgate (True Value) D Wing, 17th Floor, Office No 1703 to 1707, Nr. YMCA Club, SG Highway, Makarba, Ahmedabad, Gujarat – 380051 CIN: L31300GJ1992PLC018198 Email: cs@dicabs.com Website: www.dicabs.com Tel No.- 02667-251354/251516 Fax No.-02267-251202 DIAMOND POWER INFRASTRUCTURE LIMITED 3. In-principle approval of capex plan for Integrated Polymer Complex at Vadodara (Phase I and Phase The Board granted in-principle approval for a capital expenditure plan of ₹170 crore for an Integrated Polymer Complex at Vadodara, to be built in two phases. The complex will manufacture PVC/FRLS compounds, silane and peroxide cross-linked XLPE compounds, and super-clean XLPE compounds for cables rated up to 400 kV. Once completed, it is expected to be India’s first super-clean cable-grade polymer facility. It would also make the Company the only Indian cable manufacturer with a fully integrated value chain, from aluminium rod to 400 kV insulation. The meeting of the Board of Directors commenced at 11:15 a.m. and concluded at 12:50 p.m. We request you to kindly take the above on record. Thanking you, Yours sincerely, For, Diamond Power Infrastructure Limited Jayesh Patel Company Secretary ICSI M. No.: A14898 Encl: As above Regd. Office: Westgate (True Value) D Wing, 17th Floor, Office No 1703 to 1707, Nr. YMCA Club, SG Highway, Makarba, Ahmedabad, Gujarat – 380051 CIN: L31300GJ1992PLC018198 Email: cs@dicabs.com Website: www.dicabs.com Tel No.- 02667-251354/251516 Fax No.-02267-251202