Mini Diamonds India Ltd Announces 1:1 Bonus Equity Share Issuance
Members of Mini Diamonds India Limited approved the issuance of bonus equity shares in a meeting held on May 30, 2026. The approval, achieved through postal ballot via remote e-voting, grants members one bonus equity share for every existing equity share.The terms of the bonus issue state that both the issued equity share and the bonus equity share are fully paid-up at a value of INR 2/- each. This move represents a significant capital structure update for the company.
Following the approval by members, the Board of Directors has established specific operational timelines related to the distribution of these shares.
Key dates related to the bonus equity issuance include:
| Event | Date |
|---|---|
| Share Approval Vote | May 30, 2026 |
| Record Date (Eligibility) | June 16, 2026 |
| Deemed Allotment Date | June 17, 2026 |
The company confirmed that the record date, which determines members eligible for the bonus equity shares, is set for Tuesday, June 16, 2026. The deemed date of allotment for the bonus shares has been fixed as Wednesday, June 17, 2026.
Stock Price Movement
As of 10:56, shares of Mini Diamonds India Ltd are ticking up by 1.48%, currently trading at ₹14.36. The stock has shown movement throughout the session, oscillating between a low of ₹14.10 and an intraday high of ₹14.46.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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