1:5 Stock Split: This smallcap company sets record date—Do you own?

1:5 Stock Split: Mini Diamonds India Ltd has finalised the timeline for its share split. The board, in its meeting on November 13, 2025, approved December 2, 2025, as the record date to determine eligible shareholders for the 1:5 stock split.

1:5 Share split

The company recently announced that each share with a face value of Rs 10 will be divided into five shares with a face value of Rs 2. The split, approved by the board and cleared through a postal ballot, is aimed at improving liquidity and making the stock more affordable for small investors.

Add Zee Business as a Preferred Source

In an exchange filing, the company stated that “each equity share of face value Rs 10 will be subdivided into five equity shares of face value Rs 2.”

Record date fixed

With December 2 set as the record date, shareholders holding the stock as of that day will receive five shares for every one they currently own. No additional action is required from investors to receive the subdivided shares.
The company reiterated that the move is intended to enhance liquidity and widen retail participation.

Capital structure post-split

After the split, the authorised share capital will increase from 3 crore equity shares of Rs 10 each to 15 crore equity shares of Rs 2 each. The paid-up share capital will rise from 2,35,69,116 equity shares of Rs 10 each to 11,78,45,580 equity shares of Rs 2 each. The subscribed capital will expand proportionately.

While the overall capital value remains unchanged, the increased number of shares is expected to support higher trading volumes and improve market accessibility.

Stock performance

Mini Diamonds India Ltd shares closed at Rs 141.55, up Rs 1.45 or 1.03 per cent today. The stock opened at Rs 142.75 and touched an intraday high of Rs 142.75 and a low of Rs 140.00.

The company’s market capitalisation stood at Rs 333.62 crore. The stock has hit a 52-week high of Rs 233.00 and a 52-week low of Rs 97.50.