Mini Diamonds (India) Limited announced that its Board of Directors approved the allotment of 1,11,00,000 warrants, each convertible into one fully paid-up equity share, at a price of Rs 8 per warrant, including a premium of Rs 6, to Upendra Narottamdas Shah, a promoter and managing director, and Ronish U Shah, a promoter group individual and executive director, for a total subscription amount of Rs 2,22,00,000.
