Divine Power Energy Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Divine Power Energy Limited has announced a board meeting on which it approved the financial results for the quarter and half-year, posting a half-year profit of ₹4.65 Cr. The company raised ₹16.32 Cr through a preferential issue of 12 lakh shares at ₹136 each, attracting non-promoter investors. It also approved amendments to its Memorandum of Association to include corporate guarantees, pending shareholder approval. An Extra-Ordinary General Meeting was called to seek these approvals, with M/s Sumit Bajaj & Associates appointed as the scrutiniser.