Mini Diamonds Secures Domestic Order for Cut and Polished Lab Grown Diamonds worth INR 14.00 Crores
Mini Diamonds (India) Ltd. announced on June 01, 2026, that the company secured a significant domestic order totaling INR 14.00 Crores for the supply of cut and polished lab grown diamonds. The order was received from an existing client based in Mumbai.The new contract is noted as part of Mini Diamonds' focused efforts to deepen its presence in the domestic market. The company stated that it remains committed to strengthening its domestic lab grown diamond business by expanding its customer base and improving order execution capabilities across India.
Management Commentary Highlights Repeat Business
Shri Upendra Shah, Chairman and Managing Director of Mini Diamonds (India) Limited, commented on the business update, noting that the additional order worth ₹ 14 crore came from Aura Diamond. He stated that this repeat business reflects the confidence placed in MDIL's quality standards, timely execution capabilities, and transparent trade practices.According to Mr. Shah, the domestic lab grown diamond market offers meaningful opportunities, and the company is focused on building a stronger presence in this segment. He emphasized that the strategy involves not only securing new orders but also building repeat and scalable business with credible domestic trade partners, viewing disciplined execution and product consistency as key drivers for growth.
Key Details of the Order
The transaction, which involves Mini Diamonds supplying Cut and Polished Lab Grown Diamonds, was reported to be a domestic entity order from a Mumbai-based client. The expected time period for completion is within 4 months from the date of the order completion.The following table summarizes the material details of the significant order:
| Detail | Description/Value |
|---|---|
| Ordering Entity | AURA DIAMOND |
| Nature of Order | Supply of Cut and Polished Lab Grown Diamonds |
| Consideration/Size | INR 14.00 Crore |
| Client Location | Domestic entity (Mumbai based) |
| Completion Timeline | Within 4 months from the date of order completion |
Mini Diamonds (India) Ltd., established in 1987, operates as a public limited company and is recognized for its cut and polished diamonds and jewelry manufacturing. The company maintains a sophisticated facility in Mumbai, utilizing advanced machinery and expertise in diamond processing and jewelry creation to serve both the Indian and international B2B and B2C markets.
Stock Price Movement
As of 09:06, Mini Diamonds India Ltd shares are edging higher, ticking up to ₹15.29, up 1.39% in pre-open trading. The stock has moved across its intraday spectrum, fluctuating between a low of ₹15.00 and a high of ₹15.20.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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