Key Management Change at Diamond Power Infrastructure Ltd. as CS and Compliance Officer
Diamond Power Infrastructure Ltd. announced changes in its key managerial personnel following a Board meeting held on June 6, 2026. The company confirmed the resignation of Mrs. Diksha Sharma from her roles as Company Secretary and Compliance Officer, concurrently announcing the appointment of Mr. Jayesh Patel to the position.Mrs. Diksha Sharma stepped down from the positions of Company Secretary and Compliance Officer after citing health issues and availing maternity leave. With this change, she will continue in the company's capacity as Assistant Company Secretary. This transition is effective from close of business hours on June 6, 2026.
The Board meeting also approved the appointment of Mr. Jayesh Patel as the new Company Secretary and Compliance Officer for the company, effective June 7, 2026. The appointment follows a recommendation by the Nomination and Remuneration Committee.
Mr. Jayesh Patel brings over two decades of experience in corporate secretarial, legal, and compliance functions to the role. He is a qualified Company Secretary (ICSI Membership No. A14898) and holds degrees in Commerce and Law. His extensive background includes significant exposure to SEBI regulations, Companies Act compliances, corporate governance matters, and handling corporate restructuring and amalgamation or demerger schemes. Mr. Patel has previous experience with reputed listed companies such as Meghmani Organics Limited and Shalby Limited.
The key personnel changes are summarized below:
| Particulars | Outgoing Officer (Mrs. Diksha Sharma) | Incoming Officer (Mr. Jayesh Patel) |
|---|---|---|
| Role | Company Secretary and Compliance Officer | Company Secretary and Compliance Officer |
| Cessation/Appointment Date | June 6, 2026 | June 7, 2026 |
| Reason for Change | Resignation due to health issues and maternity leave | Appointment based on recommendation of Nomination and Remuneration Committee |
| Post-Change Role | Assistant Company Secretary | N/A |
DIACABS Stock Price Movement
On Friday, the stock of Diamond Power Infrastructure Limited surged in the close, settling at ₹203.6 after rising 5.40%. The equity saw strong trading action throughout the day, moving within a range defined by a low of ₹191.63 and a high of ₹208, alongside a volume of 10.04 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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