Synopsis::
Mini Diamonds (India) Limited expanded its lab-grown diamond business via e-commerce, global orders, and 3,750 new designs, while approving a stock split to enhance liquidity and attract small investors, maintaining Rs. 30 crore authorized  capital.

The company engaged in the business of manufacturing and trading of Diamonds is now in the spotlight after board approved share split and highlighted the achievements during FY 25-26.

With market capitalization of Rs. 391 cr, the shares of Mini Diamonds (India) Limited are currently closed at Rs. 165.85 per share, increasing more than 4% in today’s market from its previous closing of Rs. 163.15 per share.

Share split

Mini Diamonds (India) Limited, in its Board Meeting held on September 8, 2025, approved a proposal for a stock split. Under this, every 1 equity share of face value Rs. 10 will be subdivided into 5 equity shares of face value Rs. 2 (Split ratio 1:5). The purpose is to enhance the liquidity of the company’s shares and encourage small investor participation by making shares more affordable.  

The total authorized capital will remain at Rs. 30 Crores, but the number of authorized shares will increase from 3 crore to 15 crore shares. Similarly, paid-up and subscribed shares will increase proportionally, maintaining the same total capital value. 

Highlights achievements during FY 25-26 Till date

MDIL has accelerated sales of lab-grown diamonds and jewelry through integrated offline and online channels, with a stronger supply chain and design pipeline to shorten concept-to-customer cycles.They launched NamraJewels.com, an e-commerce platform for BIS hallmarked 14KT and IGI certified lab-grown diamond jewelry, to complement their physical retail stores and enhance customer reach.

The company is expanding its Middle East presence with a significant order of 1,000 sterling silver lab-grown diamond pieces from AV Palace DMCC, Dubai. MDIL secured a major export order worth USD 2.15 million for lab-grown cut and polished diamonds from a Hong Kong client, broadening their footprint in the Far East. The design portfolio expanded by 3,750 new styles across gold and sterling silver jewelry, supporting a diverse and larger product offering.

Recent U.S. tariffs have negligible impact due to strategic market pivots towards the Middle East, Southeast Asia, and the Far East, while the company advances vertical integration for quality control and margin resilience.

About the company 

Mini Diamonds (India) Limited (“MDIL”) is a public limited company to cater diamond import and export business, with its clear track records. Today Mini Diamonds is an internationally well-known company for its cut and polished diamonds and jewellery manufacturing.  

Written by Manideep Appana

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