Mumbai, Sept. 15 -- The purchase order (PO), valued at Rs Rs 236,71,39,357, has been awarded on a per kilometre rate basis with a Price Variation (PV) formula. The execution timeline for the order extends up to 30 June 2026, the company stated in a regulatory filing.

The company also clarified that neither its promoters nor the promoter group or related entities have any interest in the awarding authority. It further confirmed that both transactions do not fall under the category of related party transactions as defined by applicable regulatory norms.

Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & services in India. The company's consolidated net profit rose 20.8%...