Mini Diamonds (India) Ltd has allotted 117,845,580 bonus equity shares in a 1:1 ratio, effectively doubling its paid-up equity share capital. The allotment was approved by the Board of Directors through a circulation resolution passed on Wednesday, June 17, 2026. This corporate action rewards shareholders by issuing one new fully paid-up bonus equity share for every existing share held, based on the record date of June 16, 2026.

The bonus shares carry a face value of INR 2 each and rank pari-passu in all respects with the existing equity shares of the company. The record date for determining eligibility was fixed as Tuesday, June 16, 2026, for members listed in the Register of Members or Register of Beneficial Owners.

Following the allotment, the company's paid-up equity share capital has increased significantly. The table below details the pre and post-allotment capital structure:

The disclosure was made to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Upendra Narottamdas Shah, Managing Director of Mini Diamonds (India) Limited.

Mini Diamonds (India) Ltd has secured a significant domestic order worth ₹16.25 crore from Aura Diamond for the supply of cut and polished natural diamonds. The order, received on June 16, 2026, highlights the company's continued ability to serve varied customer requirements across the diamond value chain, backed by its manufacturing experience and focus on quality. This contract is expected to support the company's efforts to build a stronger and more diversified domestic business.

Order Details and Execution Terms

The order entails the supply of cut and polished natural diamonds to a Mumbai-based client. As per the agreement, fulfilment of the order is to be completed within four months from the date of the order. The payment terms stipulate that settlement will be made on or before 150 days from the date of order completion. The disclosures regarding this order were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Order Particulars

The following table summarises the key details of the order secured by Mini Diamonds (India) Ltd:

Management Commentary

Shri Upendra Narottamdas Shah, Chairman and Managing Director of Mini Diamonds (India) Ltd, stated that the order reflects the confidence placed in the company's execution capabilities and product understanding. He noted that while the natural diamond market remains competitive, established players with disciplined operations and the ability to align with client-specific requirements continue to find meaningful opportunities. The management remains focused on building sustainable customer relationships and improving sales visibility to support steady growth.

Company Profile

Mini Diamonds (India) Ltd is a public limited company listed on BSE Limited, established in 1987. The company operates a sophisticated manufacturing facility in Mumbai, equipped with modern technology such as Sarin Technology and Auto Bruiting Machines. While the company has a strong presence in the natural diamond business, it also manufactures and markets lab-grown diamond jewellery for both Indian and international markets through B2B and B2C channels.