Mini Diamonds (I)

Mini Diamonds (India) Ltd's board approved the issuance of up to 1.11 crore convertible warrants at Rs 8 each to promoter group members Upendra Narottamdas Shah and Ronish U Shah, aggregating Rs 8.88 crore. The warrant price represents a 30% premium to the prevailing market price, with each warrant convertible into one equity share of face value Rs 2 within 18 months. The company will convene an extraordinary general meeting on August 7, 2026, to seek shareholder approval. The funds raised are intended to support the company's expansion into the lab-grown diamond business, following an earlier board meeting that had indicated plans for a preferential issue without disclosing the quantum or terms.

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Mini Diamonds (India) Ltd. will convene a board meeting on July 9 to evaluate a preferential issue of equity shares or convertible warrants to its promoter and promoter group. The funds raised would be used to expand the company's lab-grown diamond business, subject to shareholder and regulatory approvals.

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Mini Diamonds (India) Limited has secured a ₹16.25 crore domestic order to supply cut and polished natural diamonds to Aura Diamond, a Mumbai-based client. The order, received on June 16, 2026, is expected to be completed within four months with payment due within 150 days of completion. The company's management highlighted that the natural diamond segment continues to offer selective opportunities for established players with reliable execution capabilities. This marks the company's latest order win, following similar announcements for ₹14 crore and ₹12 crore orders from other domestic clients in recent months, reflecting continued demand for its diamond processing services.

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June 16 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) - SECURES ORDER WORTH 162.5 MILLION RUPEES FOR CUT AND POLISHED NATURAL DIAMONDS

Source text: ID:nBSE3NK94Q

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Mini Diamonds (India) Limited has won a ₹14 crore domestic order to supply cut and polished lab-grown diamonds to Kavish Jewels, a Mumbai-based new client, the company announced on June 15, 2026. The order is expected to be completed within four months with payment due within 150 days of completion. The company's management described the deal as evidence of progress in its strategy to broaden domestic customer relationships and improve sales visibility.

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June 15 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) LTD- GETS ORDER WORTH 140 MILLION RUPEES

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June 1 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) - SECURES 140 MILLION RUPEES DOMESTIC ORDER FOR LAB GROWN DIAMONDS ON JUNE 1, 2026

Source text: ID:nBSE77drL8

Further company coverage: MDMD.BO

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May 11 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) LTD - MDIL SECURES DOMESTIC ORDER OF 120 MILLION RUPEES

Source text: ID:nBSEbNVnXt

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April 23 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) LTD - BOARD DECLARES BONUS ISSUE IN 1:1 RATIO

• MINI DIAMONDS (INDIA) LTD - BOARD APPROVES INCREASE IN AUTHORISED SHARE CAPITAL TO 500 MILLION RUPEES

Source text: ID:nBSE8TBn0R

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Feb 23 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• SECURES 120 MILLION RUPEES ORDER

Source text: ID:nBSE86KNrg

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Jan 14 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• SECURES 140 MILLION RUPEES ORDER

Source text: ID:nBSE4s6Cd

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Jan 5 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• RECEIVES EXPORT ORDER WORTH USD 1.85 MILLION

Source text: ID:nBSE1xyhgh

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Aug 8 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• IMPOSITION OF IMPORT TARIFFS BY US ON DIAMONDS, JEWELLERY HAS NOT IMPACTED CO

• CO'S EXPORT FOCUS MOVED TO MIDDLE EAST, SOUTHEAST ASIA OVER PAST FEW QUARTERS

Source text: ID:nBSE42sH4t

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July 10 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• GETS ORDER FOR 1,000 PIECES OF LAB-GROWN DIAMOND JEWELRY FROM DUBAI

Source text: ID:nBSE55t7jT

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Feb 5 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) LTD - BEGINS MANUFACTURING OF SIZED LABGROWN POLISHED DIAMONDS

Source text: ID:nBSE5B3ZpG

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Aug 26 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) - ENTERS INTO STRATEGIC BUSINESS ARRANGEMENT WITH PARASAMANI INC

Source text for Eikon: ID:nBSE4lWVX4

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Aug 19 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) - ENTERED INTO STRATEGIC PARTNERSHIP WITH A V PALACE DMCC

• MINI DIAMONDS (INDIA) LTD - ENTERS INTO STRATEGIC PARTNERSHIP WITH A V PALACE DMCC

Source text for Eikon: ID:nBSE97Nwnh

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Feb 29 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• MINI DIAMONDS (INDIA) LTD - TO ISSUE CONVERTIBLE EQUITY WARRANTS UP TO 506.6 MILLION RUPEES ON PREFERENTIAL BASIS

Source text for Eikon: [ID:]

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Feb 21 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• TO CONSIDER PROPOSAL OF FUND RAISING

Source text for Eikon: ID:nBSE667hvT

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Feb 12 (Reuters) - Mini Diamonds (India) Ltd MDMD.BO:

• TO CONSIDER FUND RAISING

Source text for Eikon: ID:nBSE4Fn7lS

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