Diamond Power Infrastructure Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Diamond Power Infrastructure Limited has convened to consider several significant matters. They have approved the unaudited financial results for the quarter and half-year ending September 30, 2024. The company aims to raise additional capital of ₹500 crore through various means, including the issuance of equity shares and other securities, contingent upon necessary approvals. M/s. Ernst & Young LLP has been appointed as internal auditors for the financial years 2024-25 and 2025-26. Noteworthy achievements include receiving approvals from defense entities and considering the acquisition of assets from Syska Mitter Private Limited.