Diamond Power Infrastructure Limited has announced that it does not fall under the classification of a Large Corporate (LC) as per the SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated 15th October 2025. The company confirmed this status as of 31st March 2026.
According to the details provided in the regulatory filing, the outstanding borrowing of Diamond Power Infrastructure as of 31st March 2026 stood at ₹2062.89 crore. The company also stated that it did not have a credit rating applicable during the previous financial year, nor was there any stock exchange specified for the payment of fines in case of a borrowing shortfall under the SEBI framework.
The SEBI Master Circular outlines the criteria and framework for entities to be classified as Large Corporates, which involves specific borrowing thresholds and compliance requirements. Diamond Power Infrastructure’s disclosure indicates that it does not meet these criteria, thus not requiring adherence to the additional regulatory obligations set for Large Corporates.
This announcement provides clarity on the company’s financial positioning and compliance obligations, ensuring transparency with stakeholders and regulatory bodies.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).