Mini Diamonds India Declares 1:1 Bonus Issue

Mini Diamonds India Ltd's board has approved a 100% bonus issue, meaning shareholders will receive one bonus share for each share held. The decision was made during the board meeting on April 23, 2026. The company will also increase its authorized share capital from ₹30 crores to ₹50 crores, subject to member approval via postal ballot. The bonus issue, also pending member approval, will be in the ratio of 1:1 for equity shares of ₹2 each. The record date will be determined after member approval. The bonus shares will be issued from reserves and surplus available as of March 31, 2025, and are expected to be credited by June 21, 2026.