Mini Diamonds India Ltd

Gen Z collection launch

• Namra Jewels, MDIL's wholly owned subsidiary, launches Gen Z lab-grown diamond jewellery collection.
• Pricing below ₹50,000; expands product portfolio for self-purchase and gifting.
• No governance or management changes disclosed.

Mini Diamonds (India) Limited — Closure of Trading Window from Oct 01, 2026 till 48 hours after the declaration of Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended Sep 30, 2026

Launch of men's collection

• Namra Jewels to launch exclusive men's lab-grown diamond jewellery collection.
• Launch will be progressive across online and offline channels during the festive season.
• Range includes cufflinks, bracelets, rings, brooches and other accessories.
• Targets new customers and broadens Namra Jewels' positioning as a lifestyle brand.
• Expected to improve customer engagement, digital traffic and store footfall.
• Supports expansion of Namra Jewels' consumer-facing business.
• Namra Jewels is a wholly owned subsidiary of Mini Diamonds (India) Limited.

Order details

• Awarding entity: Aura Diamond (Mumbai-based domestic entity).
• Nature/Scope: supply of cut and polished natural diamonds.
• Value: INR 14.50 crore (taxes not specified).
• Domestic: domestic order from Mumbai-based client.
• Execution: 60-90 days from order date.
• Payment terms: payment on or before 150 days from order completion.
• Related party: No promoter group interest; not a related-party transaction.
• Impact: strengthens MDIL's order pipeline.

AGM and annual report access

• AGM scheduled 30 Sep 2026 at 10:00 AM IST, Mumbai Registered Office.
• Annual Report 2025-26 details accessible at minidiamonds.net/investors-types/annual-reports.
• Email registration cut-off date: 04 September 2026.
• KYC update and dematerialization of physical securities required per SEBI circular.
• Nomination and KYC forms ISR-1/2/3, SH-13/14 available on company or Purva Sharegistry sites.

Financial highlights

• Standalone revenue from operations: ₹56,784.91 lakh for year ended 31 Mar 2026.
• Total income: ₹56,835.33 lakh; Net profit before tax: ₹179.69 lakh.
• Profit after tax: ₹160.46 lakh; Basic EPS: ₹0.14.
• Current tax: ₹56.28 lakh; Deferred tax: ₹(13.05) lakh; Prior year tax: ₹(23.99) lakh.
• Dividend: no dividend recommended for 2025-26.

Business mix and geography

• Revenue by product: Rough diamonds ₹14,431.06 lakh; Cut & polished ₹27,029.27 lakh; Lab grown ₹13,620.30 lakh; Jewellery ₹1,016.81 lakh.
• Total segment revenue: ₹56,097.44 lakh.
• Geographic mix: India ₹51,650.60 lakh; Hong Kong ₹3,383.30 lakh; Singapore ₹1,063.54 lakh; UAE/Belgium/Canada minimal.
• MD&A highlights growth in lab-grown segment and regional diversification.

Capital structure and equity

• Authorised share capital raised to ₹50 crore; prior ₹30 crore.
• Post-bonus: 23,56,91,160 shares of ₹2 each; paid-up capital ₹23.56 crore as at 31 Mar 2026.
• Bonus issue approved 30 May 2026; allotted 17 Jun 2026.
• Post-bonus, paid-up capital: ₹47.13 crore; 23,56,91,160 shares.
• No GDR/ADR outstanding as of 31 Mar 2026.

Debt, liquidity and cash flows

• Short-term borrowings: ₹258.11 lakh; lease liabilities: ₹4.12 lakh; long-term borrowings: nil.
• Standalone cash and cash equivalents: ₹114.58 lakh; consolidated ₹118.35 lakh.
• Net cash from operating activities: Standalone ₹(212.16) lakh; consolidated ₹(188.04) lakh.
• Investing and financing cash flows reflect ongoing capital actions and equity movements.

Governance and controls

• Board: 6 directors; 3 independent; MD/Chairman Upendra Shah; Executive Director Ronish Shah; 3 I Directors.
• Archana Agarwal resigned Aug 3, 2026; Ayushi Lunia appointed Aug 4, 2026 as CS & Compliance Officer.
• Statutory auditors: Mittal & Associates; Secretarial: Vishal Manseta; Internal: Jain Chandresh & Associates.
• Audit Committee met 5 times; NRC met 3 times; Stakeholders' Relationship Committee met 1 time.
• MD & CFO certifications and annual performance evaluation conducted.

Related party transactions

• Remuneration to MD FY2025-26: ₹21,01,000; proposed ₹24–50 lakh per annum.
• Proposed RPT: ₹24–50 lakh per annum; 0.04–0.09% of turnover.
• All related-party contracts on arm's length; disclosed in notes; no material conflicts.
• Loans to directors/relatives: Upendra Shah ₹330.36 lakh; Ronish Shah ₹317.35 lakh.
• Loans to Namra Jewels ₹121.71 lakh; Pyramid Gold ₹0.56 lakh.

Subsidiaries and group

• Two subsidiaries: Namra Jewels Pvt Ltd; Pyramid Gold Assaying & Hallmarking Centre Pvt Ltd.
• As at 31 Mar 2026, no material subsidiary; consolidation includes Namra Jewels and Pyramid Gold.
• No associates or joint ventures; Form AOC-1 attached.

Outlook, risks & regulatory

• Industry trend: lab-grown diamonds growing; government support for branded and indigenous products.
• Export target: USD 100 billion by 2027; polarization toward organized sector.
• Risks: gold/FX price volatility; working capital intensity; bank lending constraints.
• Outlook: product-mix shifts and expansions to improve margins and turnover.

AGM details

• AGM scheduled for late September 2026 at 10:00 IST, in-person at the registered office.

Ordinary Business resolutions

• Adopt standalone financial statements for the year ended.
• Adopt audited consolidated financial statements for the year.
• Re-appoint director liable to retire by rotation.

Special Business resolutions

• Authorize service of documents to members and charge fees in advance.
• Re-appoint MD as Chairman & Managing Director for three years with remuneration.

Voting results

• Voting outcomes are not disclosed in this filing.

Dividend

• No dividend proposal or declaration mentioned.

Related party transactions

• Remuneration to the related party director proposed for three-year term.
• Total annual remuneration to be within approved limits.
• RPT amount is modest relative to turnover.

Promotion details

• Namra Jewels, a wholly owned subsidiary of MDIL, announces Rakshabandhan promotional discount.
• Flat 15% discount valid from 24 August 2026 for one week across stores.
• Aims to improve accessibility and customer engagement for lab-grown diamond jewellery.
• Management highlights Rakshabandhan as a key gifting occasion supporting product expansion.