Mini Diamonds (India) Limited has informed the stock exchanges that its Board of Directors will convene a meeting on Monday, March 31, 2025, to discuss key strategic initiatives including expansion in manufacturing and retail operations. In a regulatory filing to the BSE under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company outlined the agenda for the upcoming board meeting.
The Board is set to consider proposals related to expanding the company’s manufacturing facilities as well as its presence in the retail sector. Additionally, the directors will evaluate a plan for fundraising through the issuance of equity shares or convertible warrants via the preferential allotment route. The proposed capital infusion will be subject to shareholder approval through postal ballot and clearance from relevant regulatory authorities.
In accordance with SEBI’s Prohibition of Insider Trading norms, the company has closed the trading window for designated persons and insiders from March 22, 2025. The trading window will remain shut until 48 hours after the conclusion of the board meeting.
