Corrigendum to EGM notice for preferential issue of convertible warrants
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mini Diamonds issued a corrigendum to its EGM notice (scheduled August 7, 2026) for the proposed preferential issue of convertible warrants to the Promoter and Promoter Group. The corrigendum incorporates suggestions from BSE and revises the explanatory statement on use of proceeds. Net proceeds of INR 8.88 crores will be deployed entirely for procurement of lab-grown diamonds (INR 4.44 crores for roughs and INR 4.44 crores for polished), to be utilized within 3 months from receipt of funds.
Warrants allotted to promoters signal insider confidence; funds ring-fenced for lab-grown diamond expansion. Watch EGM voting outcome on August 7.