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Diamond Power Infrastructure incorporates wholly owned subsidiary

27 Jun 2024 Evaluate

Diamond Power Infrastructure has incorporated a wholly owned subsidiary (WOS) by name ‘DICABS Nextgen Special Alloys’ and a Certificate of Incorporation dated June 26, 2024 is issued by the Registrar of Companies, Ministry of Corporate Affairs, Government of India.

The WOS shall inter-alia involve in manufacturing of wire-rod, wire-drawing, strip-drawing, sheet rolling, processing, rewinding, Cables, Conductors including all kinds of machinery, Equipment, Components, tools and accessories thereof. The company is yet to commence the business operations. 

 Diamond Power Infrastructure (DPIL) has emerged as India’s largest and only integrated manufacturer of power transmission equipment and turnkey services provider (EPC).


Peers
Company Name CMP
Polycab India 8436.10
KEI Industries 4736.90
RR Kabel Ltd. 2470.05
Finolex Cables 1452.05
Precision Wire India 502.50
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