Mini Diamonds India Ltd — Dividend/Bonus, 08-09-2025: Corp. Action
08-09-2025 | 12:11 pm
08-09-2025 | 12:11 pm
Mini Diamonds' Board has approved a 1:5 stock split, converting each equity share of INR 10 face value into five shares of INR 2 each. This aims to boost share liquidity and attract more small investors by making the stock more affordable. The company's authorized share capital, totaling 30 Cr, will comprise 3 Cr shares of INR 10 each before the split and 15 Cr shares of INR 2 each afterwards. This change requires shareholder approval via Postal Ballot and will also lead to an alteration in the company's Memorandum of Association. The corporate action is expected within three months.
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