Mini Diamonds India Ltd — Important, 09-07-2026: Company Update

Mini Diamonds' Board has approved issuing up to 1.11 crore convertible warrants on a preferential basis to its promoters, Upendra Narottamdas Shah and Ronish U Shah. Priced at ₹8 per warrant, including a ₹6 premium, this issuance aims to raise ₹8.88 Cr for the company. The issue price is approximately 30% above the current market price, reflecting strong promoter confidence. An Extra-Ordinary General Meeting will be held on August 7, 2026, to seek shareholder approval for this capital infusion, which will strengthen the company's financial position.