Mini Diamonds (India) Ltd

Mini Diamonds (India) will hold a meeting of the Board of Directors of the Company on 3 August 2026.

The board of Mini Diamonds (India) at its meeting held on 09 July 2026 has approved the issuance of up to 1,11,00,000 warrants, each convertible into 1 (one) fully paid-up equity share of face value of Rs 2/- each, at a price of Rs 8 per warrant (including a premium of Re 6/- each) per warrant, aggregating up to Rs 8,88,00,000/-, on preferential basis, for cash consideration, to persons belonging to Promoter(s)/Promoter Group.

Mini Diamonds (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 7 August 2026.

Mini Diamonds (India) will hold a meeting of the Board of Directors of the Company on 9 July 2026.

Mini Diamonds (India) has secured a significant domestic order of Rs 16.25 crore from a Mumbai based client on 16 June 2026 for supply of cut and polished natural diamonds.

According to the company, the order was received on 16 June 2026 and is scheduled to be executed within four months from the date of the order. Payment for the consignment is expected to be made within 150 days from the completion of the order. MDIL clarified that the contract does not qualify as a related-party transaction and that neither the company's promoters nor members of the promoter group have any interest in the awarding entity. The company stated that the order underscores its ability to cater to diverse customer requirements across the diamond value chain, supported by its longstanding industry presence, manufacturing expertise, and focus on quality. MDIL added that its understanding of customer preferences, product specifications, and disciplined execution continues to help strengthen its domestic business and diversify its customer base. The company noted that while the diamond industry has undergone significant changes in recent years, particularly with the increasing prominence of lab-grown diamonds, the natural diamond segment continues to offer opportunities for established players capable of delivering quality, reliability, and craftsmanship. Upendra Narottamdas Shah, chairman and managing director, Mini Diamonds (India), said : 'This order reflects the confidence placed in MDIL's execution capabilities, product understanding and commitment to quality. The natural diamond market continues to remain competitive, but we believe that companies with established experience, disciplined operations and the ability to align with client specific requirements will continue to find meaningful opportunities. At MDIL, our focus remains on building sustainable customer relationships, improving sales visibility and supporting steady growth across our core areas of business.' Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds. The company reported a consolidated net loss of Rs 6.18 crore in Q4 FY26 as against a net loss of Rs 2.76 crore in Q4 FY25. Revenue from operations increased 54.89% to Rs 149.98 crore during the quarter ended March 2026 from Rs 96.83 crore in the corresponding quarter of the previous year. Powered by Capital Market - Live

The order has been received from a new customer and is expected to support the company's efforts to expand its domestic customer base and strengthen its presence in the Indian lab-grown diamond market. The company stated that it has been focusing on enhancing customer engagement by offering products aligned with client requirements while maintaining quality standards, consistency and timely execution. It added that the order reflects progress in its strategy to grow the domestic business through deeper customer relationships and targeted market expansion. Mini Diamonds India said the order reinforces its ability to cater to market demand and supports its objective of improving sales visibility, expanding customer reach and building a more resilient revenue base in the domestic market. Shri Upendra Narottamdas Shah, chairman and managing director of Mini Diamonds (India), had to say the following with regard to this business update: 'We are pleased to receive this domestic order of Rs 14 crore, which reflects the progress of MDIL's focused efforts to strengthen its domestic business and customer base. Our approach remains centred on understanding client requirements, delivering quality goods with consistency and building long-term relationships. We believe a wider domestic client base will support better sales visibility and contribute to sustainable topline growth over the long term.' Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds. The company reported a consolidated net loss of Rs 6.18 crore in Q4 FY26 as against a net loss of Rs 2.76 crore in Q4 FY25. Revenue from operations increased 54.89% to Rs 149.98 crore during the quarter ended March 2026 from Rs 96.83 crore in the corresponding quarter of the previous year. Powered by Capital Market - Live

Mini Diamonds (India) has secured a domestic order of Rs 14 crore from a Mumbai based client on 15 June 2026 for supply of cut and polished lab grown diamonds.

Mini Diamonds (India) has fixed 16 June 2026 as record date for the purpose of determining the members eligible for issuance of bonus equity shares of the Company.

Net Loss of Mini Diamonds (India) reported to Rs 6.18 crore in the quarter ended March 2026 as against net loss of Rs 2.76 crore during the previous quarter ended March 2025. Sales rose 54.89% to Rs 149.98 crore in the quarter ended March 2026 as against Rs 96.83 crore during the previous quarter ended March 2025. For the full year,net profit declined 67.88% to Rs 1.06 crore in the year ended March 2026 as against Rs 3.30 crore during the previous year ended March 2025. Sales rose 39.82% to Rs 567.22 crore in the year ended March 2026 as against Rs 405.67 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales149.9896.83 55 567.22405.67 40 OPM %-5.47-0.93 -0.291.75 - PBDT-8.11-0.67 -1110 2.117.33 -71 PBT-8.12-0.70 -1060 1.696.91 -76 NP-6.18-2.76 -124 1.063.30 -68 Powered by Capital Market - Live