The Company has fixed Tuesday, December 02, 2025, as the "Record Date" for the purpose of determining the members eligible for the sub-division/split of equity shares.
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Mini Diamonds (India) Limited has fixed Tuesday, December 02, 2025, as the record date for its proposed sub-division (stock split) of equity shares. The split was approved by shareholders through a postal ballot on November 02, 2025. Under the split, every 1 existing fully paid-up equity share of face value INR 10 will be sub-divided into 5 fully paid-up equity shares of face value INR 2 each, keeping the total share capital unchanged. Shareholders whose names appear in the company records on the record date will be eligible for the split. The Board of Directors confirmed this at its meeting held on November 13, 2025.
This is a routine corporate action that will increase the number of shares held by each shareholder by 5x and proportionally reduce the share price, making the stock more affordable and improving liquidity. Existing shareholders do not need to take any action and their overall investment value remains the same immediately after the split.