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Mini Diamonds (India) Limited announced that its Board of Directors approved the allotment of 1,11,00,000 warrants, each convertible into one fully paid-up equity share, at a price of Rs 8 per warrant, including a premium of Rs 6, to Upendra Narottamdas Shah, a promoter and managing director, and Ronish U Shah, a promoter group individual and executive director, for a total subscription amount of Rs 2,22,00,000.

Mini Diamonds (India) Limited informed the BSE on October 3, 2026, that it received a certificate from Purva Sharegistry (India) Private Limited, dated October 1, 2026, confirming the dematerialization of securities for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Mini Diamonds (India) Limited announced that its board of directors approved the re-appointment of Mr. Upendra Narottamdas Shah as Managing Director for a term of 3 years, effective March 1, 2027, to March 1, 2030, subject to shareholder approval at the company’s Annual General Meeting. Mr. Shah, who holds DIN: 00748451, is the father of Ronish U. Shah, an Executive Director of the company, and has over 50 years of experience in the gems and jewellery industry.

Mini Diamonds (India) Limited announced that its board of directors approved the re-appointment of Mr. Upendra Narottamdas Shah as Managing Director for a term of 3 years, effective March 1, 2027, to March 1, 2030, subject to shareholder approval at the company’s Annual General Meeting. Mr. Shah, who holds DIN: 00748451, is the father of Ronish U. Shah, an Executive Director of the company, and has over 50 years of experience in the gems and jewellery industry.

Net profit of Mini Diamonds (India) rose 50.00% to Rs 2.67 crore in the quarter ended June 2026 as against Rs 1.78 crore during the previous quarter ended June 2025. Sales rose 95.40% to Rs 196.53 crore in the quarter ended June 2026 as against Rs 100.58 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales196.53100.58 95 OPM %1.882.52 - PBDT3.682.53 45 PBT3.572.42 48 NP2.671.78 50 Powered by Capital Market - Live News