Mini Diamonds (India) Ltd Share Price – BSE

Diamond, Gems and Jewellery, Small Cap

Net profit of Mini Diamonds (India) reported to Rs 0.70 crore in the quarter ended March 2024 as against net loss of Rs 0.11 crore during the previous quarter ended March 2023. Sales rose 53.92% to Rs 84.70 crore in the quarter ended March 2024 as against Rs 55.03 crore during the previous quarter ended March 2023.

For the full year,net profit rose 169.64% to Rs 1.51 crore in the year ended March 2024 as against Rs 0.56 crore during the previous year ended March 2023. Sales rose 44.87% to Rs 245.58 crore in the year ended March 2024 as against Rs 169.52 crore during the previous year ended March 2023.

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Mini Diamonds (India) will hold a meeting of the Board of Directors of the Company on 28 May 2024

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Mini Diamonds has allotted 2 crore convertible equity warrants at an issue price of Rs 25.33 per warrant on preferential basis. The company has received from the allottees 25% of the consideration amount aggregating to Rs 12.66 crore while balance 75% aggregating to Rs 37.99 crore will be received pursuant to exercise of conversion option.

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Mini Diamonds (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 29 March 2024 .

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