Diamond Power Infrastructure Share Price | The company received project worth Rs 2,36,71,39,357 from Adani Energy.
Stocks to Watch, 15 September: Stocks like Gem Aromatics, Tata Technologies, Shakti Pumps India, Alembic Pharmaceuticals, Diamond Power Infrastructure, Engineers India, RailTel Corporation of India, Adani Power, Dr Reddy’s Laboratories, Ceigall India, and Apollo Hospitals Enterprises will be in focus on September 15.
Stocks to Watch, 20 June: Stocks like Brigade Enterprises, TD Power Systems, JSW Infrastructure, Biocon, United Spirits, Can Fin Homes, Container Corporation of India, Sai Life Sciences, Kaynes Technology India, GMM Pfaudler, Axiscades Technologies, ITD Cementation India, Natco Pharma, and Le Travenues Technology will be in focus on June 20.
Monarch Infraparks and GESC - both promoter entities - will be selling the shares through an offer for sale that has a greenshoe option of 1.99 percent on a base issue of 3.99 percent, the company said.
Stocks to Watch, 5 June: Aditya Birla Fashion and Retail, Manappuram Finance, Jindal Saw, Rallis India, Yes Bank, NTPC Green Energy, Diamond Power Infrastructure, Newgen Software Technologies, Indosolar, Gland Pharma, and Hindustan Aeronautics will be in focus on June 5.
The agency in an FIR said that the DPIL, which manufactures electric cables and equipment, is promoted by Suresh Narain Bhatnagar and his sons Amit and Sumit, who are also the directors of the firm.
Nitin Patel, who also holds the finance portfolio, said a recovery of the amount will help in restoring depositors' confidence in their banks
Total income of the company has declined by 73 percent at Rs 197 crore versus Rs 734 crore.
"The company would like to inform its shareholders that lenders in their meeting in-principally agreed, subject to approvals of various authorities, towards the proposal received from CKP Group to infuse Rs 1,200 crore under SDR scheme," Diamond Power Infrastructure said in a BSE filing.
The special resolution to convert the debt of Rs 855 crore and Rs 1,543 crore into equity shares and OCRPS under strategic debt restructuring (SDR) was passed by requisite majority by the shareholders, the company stated in a BSE filing.
Diamond Power Infrastructure today reported consolidated net loss of Rs 213.23 crore for the quarter ended December 31, 2016.
Diamond Power Infrastructure's board will consider proposal for the issuance of around 5.31 crore warrants worth Rs 244.55 crore to CKP Power Finserve Pvt Ltd on preferential basis.
Hindustan Unilever | HCL Technologies | PNB | HDFC Bank | Kotak Mahindra Bank | Bharti Airtel | Asian Paints | Manpasand Beverages | MOIL | Chennai Petroleum | L&T Infotech | Karnataka Bank | Bharti Infratel and Ashoka Buildcon are stocks, which are in the news today.
As per the pricing formula under strategic debt restructuring (SDR) guidelines of RBI, the price per share will be Rs 41.28 per scrip, considering the cut-off date as on June 29, 2016, a BSE filing said.
Vikas Coating Private Limited sold 370,509 shares at Rs 59.10 per share on the NSE.
EY was mandated by the company's lenders to evaluate alternative options and finalise the best option in June 2016 and this exercise leads to conclusion of a fair and transparent process of investor induction followed by the lenders in the company, Diamond Power said in a BSE filing.
On August 3, 2016 Trishakti Power Holdings Private Limited bought 4,67,000 shares of Diamond Power Infrastructure at Rs 39.40.