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Mini Diamonds' Board has approved a 1:5 stock split, changing each INR 10 face value equity share into five INR 2 shares. This move aims to enhance share liquidity and encourage broader participation from small investors by making shares more affordable. The company's authorized capital will remain INR 30 Cr but will now be divided into 15 Cr shares of INR 2 each. This decision, which also involves altering the company's capital clause, is subject to shareholder approval via postal ballot and is expected to be completed within three months.