Why Is Mini Diamonds India Splitting Its Shares 1 for 5 ?

Mini Diamonds India Limited, a small-cap company in the gems and jewellery sector, has announced a 1:5 stock split. In its board meeting held on September 8, 2025, the company approved subdividing each equity share with a face value of ₹ 10 into five shares with a face value of ₹ 2 each. The record date for this split has been fixed as December 2, 2025, which means shareholders holding the stock on that date will be eligible to receive the split shares.

This strategic move comes as the company’s share price has demonstrated a phenomenal run over the last five years, delivering returns of around 5,187%, making it a multi-bagger in the small-cap jewellery space. The board’s decision to split the stock is also aimed at improving liquidity and making the shares more accessible and affordable to retail investors.