Stories
Management Shake-Up: ACME Solar & Diamond Power Announce New Appointments
C
CNBC Awaaz•04-10-2026, 20:10
Management Shake-Up: ACME Solar & Diamond Power Announce New Appointments
- •News emerged regarding management changes at ACME Solar Holdings and Diamond Power Infrastructure.
- •ACME Solar Holdings' board appointed Nikhil Dhingra as Joint Managing Director for 5 years, effective October 3, 2026.
- •Nikhil Dhingra will continue as CEO; under his leadership, ACME Solar raised ₹2,900 crore via IPO and ₹2,800 crore via QIP.
- •Diamond Power Infrastructure appointed Ashwani Saraf as Chief Operating Officer (COO) and Senior Management Personnel (SMP), effective October 3, 2026.
- •Ashwani Saraf brings over 30 years of experience in the cables and manufacturing sector, previously serving as VP Manufacturing at LAPP India.
Key Questions Answered
The board of ACME Solar Holdings appointed Nikhil Dhingra as Joint Managing Director for a five-year term effective from October 3, 2026, subject to shareholder approval, while he continues to serve as CEO.
Diamond Power Infrastructure appointed Ashwani Saraf as its new Chief Operating Officer and Senior Management Personnel effective October 3, 2026, following the departure of Kalpesh Patel.
Kalpesh Patel stepped down from his role as COO and Senior Management Personnel at Diamond Power Infrastructure after the close of business on October 3, 2026, due to health-related reasons.
