Mini Diamonds (India) Ltd has approved the re-appointment of Upendra Narottamdas Shah as managing director for a three-year term. The board decision requires shareholder approval at the upcoming annual general meeting.

The board of directors held its meeting on September 4, 2026, to consider and approve the appointment. Mr. Shah will serve from March 1, 2027, to March 1, 2030. He is liable to retire by rotation during this period.

Leadership Profile

Upendra Narottamdas Shah brings over 50 years of experience in the gems and jewellery industry. He is a graduate from Mumbai University and possesses extensive management knowledge within the sector.

Family Ties in Management

The disclosure notes a direct family relationship within the company’s leadership structure. Mr. Shah is the father of Ronish U. Shah, who currently serves as the executive director of the company.

Regulatory Compliance

The company made the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This aligns with Part A of Schedule III of the Listing Regulations and SEBI Master Circular no. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, updated on January 30, 2026.

Mini Diamonds (India) Limited announced on September 4, 2026 that its wholly owned subsidiary, Namra Jewels Private Limited, has launched an exclusive festive collection of designer solitaire jewellery. The new range is available across both online and offline retail channels.

The collection targets festive, gifting and occasion-led demand with a focus on contemporary designs and accessible price points. This launch supports the group’s broader strategy of increasing its presence across the jewellery value chain.

Strategic Expansion

Mini Diamonds aims to combine its diamond processing expertise with Namra Jewels’ omnichannel retail platform. The company stated that this initiative strengthens its consumer-facing portfolio while focusing on value-added products and brand building.

Upendra Narottamdas Shah, Managing Director of Mini Diamonds, noted that the festive season offers strong opportunities for customers to explore distinctive jewellery designs. He added that the collection expands customer choice through product innovation and accessible pricing.

Company Overview

Established in 1987, Mini Diamonds operates as a public limited company listed on BSE Limited. The firm is known for cut and polished diamonds and jewellery manufacturing, serving both Indian and international markets via B2B and B2C channels.

The company’s Mumbai facility features advanced technology including Sarin Technology and Auto Bruiting Machines for rough diamond processing. It also serves as a hub for jewellery manufacturing, integrating craftsmanship with modern equipment to produce lab-grown diamond jewellery.