Mini Diamonds allots 2 cr convertible warrants

Mini Diamonds has allotted 2 crore convertible equity warrants at an issue price of Rs 25.33 per warrant on preferential basis. The company has received from the allottees 25% of the consideration amount aggregating to Rs 12.66 crore while balance 75% aggregating to Rs 37.99 crore will be received pursuant to exercise of conversion option.

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