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DIACABS — Diamond Power Infrastructure News Story

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Brief: Diamond Power Infrastructure says conversion of debt into equity under SDR mechanism

Jan 19 (Reuters) - Diamond Power Infrastructure Ltd 
 DIAC.NS  
    * Diamond Power Infrastructure Ltd says conversion of debt 
into equity under SDR mechanism  
    * Diamond Power Infrastructure Ltd - step will bring down 
co's debt by INR 8.55 billion 
    * Diamond Power Infrastructure Ltd says co's board will meet 
on Jan 24 for allotment of shares to various lenders in agreed 
proportion 
 
Source text - (http://bit.ly/2jA1gM8) 
Further company coverage:  DIAC.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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