Meeting Details

The EGM was held on Friday, August 07, 2026 at 9:30 a.m. (IST) at the registered office of the Company situated at DW-9020, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051, Maharashtra, India.

The meeting was conducted in compliance with the Companies Act, 2013, rules made thereunder, and circulars issued by Ministry of Corporate Affairs (MCA) and SEBI.

Attendance

  • Mr. Upendra Narottamdas Shah - Chairman & Managing Director
  • Mr. Ronish U Shah - Executive Director
  • Mr. Narayanbhai Pragjibhai Kevadia - Non-Executive, Non-Independent Director
  • Mr. Chintan Mahesh Shah - Independent Director
  • Ms. Niharika Roongta - Independent Director
  • Mr. Ashutosh Chandraprakash Tiwari - Independent Director, Chairman of Audit Committee, Nomination & Remuneration Committee and Stakeholders' Relationship Committee
  • Mr. Prashant Jayant Chauhan - Chief Financial Officer
  • CS Ayushi Lunia - Company Secretary and Compliance Officer

M/s. Mittal & Associates, Chartered Accountants, Statutory Auditors of the Company did not attend due to pre-occupation and were granted exemption.

The Chairman confirmed the presence of a representative of the Scrutinizer at the EGM.

Quorum and Proceedings

The meeting had a total of 87 Members present, meeting the requisite quorum. The meeting was called to order by the Chairman, Mr. Upendra Narottamdas Shah.

The Chairman welcomed members and reported the meeting was held in physical mode. Documents required to be kept open for inspection were made available during the EGM.

Voting Arrangements

The Company provided remote e-voting facility through Purva Sharegistry (India) Private Limited for the proposed resolution, with a cut-off date of Friday, July 31, 2026.

The remote e-voting period commenced on Tuesday, August 04, 2026 at 9:00 a.m. (IST) and ended on Thursday, August 06, 2026 at 5:00 p.m. (IST).

Members who had not cast votes electronically were encouraged to vote through polling paper at the EGM.

CS Sandhya Malhotra, Partner at M/s. Manish Ghia & Associates, Practicing Company Secretaries, Mumbai, was appointed as Scrutinizer to ensure fair and transparent e-voting process and voting at the EGM.

Agenda Item

The single agenda item was:

  • Item No. 1: To approve the issuance of convertible warrants on preferential basis to the persons belonging to Promoter and Promoter Group of the Company (Special Resolution)

The Notice of the EGM had been circulated to Members and was taken as read with permission of Members present.

Meeting Conclusion

The meeting concluded at 10:25 a.m. (IST). The consolidated results of e-voting and voting at the EGM will be announced to BSE Limited at www.bseindia.com and displayed on the company website www.minidiamonds.net within 2 working days from the date of conclusion of the EGM.

Financial Impact

Financial impact not quantified in the disclosure. No specific terms, number of warrants, conversion ratio, or pricing disclosed.