Mini Diamonds India Ltd — Updates, 16-04-2025: Company Update

Mini Diamonds (India) Limited's Board has approved an increase in authorized share capital from ₹24 Cr to ₹30 Cr, subject to shareholder approval. The company plans to issue up to 60 lakh Convertible Equity Warrants at ₹153 per warrant, totaling a potential infusion of ₹91.8 Cr, also pending shareholder consent at an upcoming EGM. This move, aimed at bolstering capital, could enhance liquidity and investor confidence, presenting a positive outlook for growth. Rupal Patel will serve as the Scrutinizer for the EGM voting process, ensuring transparency.