Diamond Power Infrastructure bags LoI worth Rs 747.64 crore

Diamond Power Infrastructure Ltd. | Cable | Capital Goods & Industrial Consumables | BSE: 522163 | NSE: DIACABS

05 Dec 2025 Evaluate

Diamond Power Infrastructure has received a letter of intent (LoI) worth Rs 747.64 crore (exclusive GST) from Adani Green Energy for the supply of 33KV HV Cables 2126 kms and 3.3KV Solar MV Cables 3539 Kms for Khavda and Rajasthan Project. The order is to be executed between January 2026 to December 2026.

Diamond Power Infrastructure was incorporated in 1992 having its registered office in Vadodara, Gujarat. The company is engaged in manufacturing & selling of conductor, cables and transmission towers.

Peers

Company Name	CMP
Polycab India	8434.25
KEI Industries	4716.00
RR Kabel Ltd.	2474.00
Finolex Cables	1453.00
Precision Wire India	498.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.