Diamond Power Corrects Management Committee Composition

Date: June 19, 2026

Board Meeting Outcomes

The company submitted a correction to its board meeting outcome filed on June 18, 2026. The correction addresses an inadvertent clerical error in the composition of the Management Committee.

Management Committee Reconstitution

The Board of Directors, at its meeting held on June 18, 2026, approved the reconstitution of the Management Committee of Directors. The committee now comprises four (4) members, not three as previously disclosed.

The committee members are:

• Mr. Rakesh Shah - Chairperson (Non-Executive & Non-Independent Director)
• Mr. Himanshu Shah - Member (Non-Executive & Non-Independent Director)
• Dr. Varsha Adhikari - Member (Independent Director)
• Mr. Pawan Lohiya - Member (Chief Financial Officer)

Committee Powers and Purpose

The Board delegated to the Management Committee the requisite powers and authorities in connection with the proposed issuance of Eligible Securities through Qualified Institutions Placement (QIP).

Other Operational / Legal / Strategic Disclosures

No material disclosures under the following sections:

• KMP / Board / Auditor Changes (beyond committee composition)
• Dividend Declaration or Non-Declaration
• Financial Results (Standalone & Consolidated)
• Auditor's Report
• Disinvestment / Strategic Actions
• Media Release / Investor Communication