Diamond Power Infrastructure CTO Pawan Lohiya steps down
Diamond Power Infrastructure (BSE: DIACABS) said Pawan Lohiya, CTO, has ceased; and Kundip S. The company is valued at about ₹20,684 crore.
What happened
Diamond Power Infrastructure (BSE: DIACABS) informed the stock exchanges on 19 October 2026 at 05:57 PM that Pawan Lohiya, CTO, has ceased; and Kundip S. Thakker has been appointed.
From the filing: "Monday, October 19, 2026, has, on the recommendation of th e Nomination and Remuneration Committee and with the approval of the Audit Committee: 1. approved the appointment of Mr."
Company snapshot
Diamond Power Infrastructure is a small-cap company in the Capital Goods sector, with a market value of about ₹20,684 crore.
The stock last traded at ₹345.9, against a 52-week range of ₹115.6–₹404 (14.4% below the high).
Before this filing the shares had moved −3.6% over the month and +34.7% over three months. Average daily turnover over the last 20 sessions was about ₹26.97 crore.
Promoters held 74.03% at the end of Q2 FY27, down 9.99% points from the previous quarter. Foreign institutions owned 4.57% and domestic institutions 10.95%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 302 | 20.1 | 0.38 |
| Q2 FY26 | 438 | 27.7 | 0.53 |
| Q3 FY26 | 474 | 49.7 | 0.94 |
| Q4 FY26 | 696 | 60.6 | 1.15 |
| Q1 FY27 | 690 | 58.4 | 1.11 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock gained 0.6% on average the next trading day and was up 4.3% on average after five days (7 filings with price data).
Across 224 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.6% over five days; 50% of them rose the next day.
Market-wide, 3,966 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 3 Oct 2026 | Appointment of Mr. Ashwani Saraf as Chief Operating officer and… | +6.8% | +10.1% |
| 13 Jun 2026 | Resignation of Director/KMP/SMP | +2.3% | +2.8% |
| 10 Jun 2026 | 'Disclosure of Contact Details of Key Managerial Personnel under… | −4.3% | +1.0% |
| 6 Jun 2026 | Resignation of Director/KMP/SMP | −0.6% | +5.8% |
| 6 Jun 2026 | Resignation of Director/KMP/SMP | −0.6% | +5.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Diamond Power Infrastructure schedules Q1FY27 earnings call
- Diamond Power Infrastructure Share Price rises 2.08% today
- Diamond Power Infrastructure (DIACABS) Share Price, NSE
- Diamond Power Infrastructure among 3 stocks that closed above VWAP
- Diamond Power Infrastructure DIACABS Reg 74(5) Q2 FY27 Filing
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.