Mini Diamonds India Ltd Secures INR 14 Crore Domestic Order for Lab Grown Diamonds
Mini Diamonds India Limited (MDIL) has secured a significant domestic order worth INR 14.00 Crores for the supply of cut and polished lab grown diamonds. The contract was finalized on June 15, 2026, with a new client based in Mumbai.The acquisition of this major order underscores MDIL's strategy to expand its domestic customer network and strengthen its footprint within the Indian Lab Grown diamond market. Management stated that the successful receipt of the business reinforces the company’s ability to cater to specific market requirements using a disciplined and customer-centric approach, contributing to improved sales visibility and revenue resilience.
"We are pleased to receive this domestic order of ₹ 14 crore," said Shri Upendra Narottamdas Shah, Chairman and Managing Director of Mini Diamonds (India) Limited. "This reflects the progress of MDIL's focused efforts to strengthen its domestic business and customer base. Our approach remains centered on understanding client requirements, delivering quality goods with consistency and building long term relationships."
Company Profile: Manufacturing Excellence in Diamond Processing
Mini Diamonds India Limited, established in 1987, is an internationally recognized company specializing in cut and polished diamonds and jewellery manufacturing. MDIL operates a sophisticated facility in Mumbai, equipped with cutting-edge technology specifically for processing rough diamonds.The facility utilizes modern equipment such as Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines to ensure the highest standards of precision at every stage of production. Beyond diamond processing, the Mumbai facility also functions as a jewellery manufacturing hub, seamlessly integrating expertise from both areas to create pieces that blend luxury with elegance. MDIL supplies exquisite lab grown diamond jewellery to both B2B and B2C channels in Indian and international markets.
Transaction Details
The order was awarded by Kavish Jewels, an entity based in Mumbai. The transaction details confirm the domestic nature of the business.| Detail | Description |
|---|---|
| Entity Awarding Order | Kavish Jewels (Mumbai based) |
| Nature of Order | Supply of Cut and Polished Lab Grown Diamonds worth INR 14.00 Crores |
| Order Status | Domestic order for local supply |
| Time Period | The order is scheduled to be completed within 4 months from the date of order completion. |
| Payment Terms | Payment will be made on or before 150 days from the date of order completion. |
| Relationship Status | Neither the company nor its promoter group holds any interest in the entity that awarded the order. The transaction is not a related party transaction. |
Stock Price Movement
Mini Diamonds India Ltd settled at ₹14.00 on Friday's close, finishing in the red after a 0.07% drop. The stock saw volatility during trading, ranging between an intraday high of ₹14.28 and a low of ₹13.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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