Mini Diamonds Secures INR 14.00 Crore Domestic Order for Fancy Coloured Lab Grown Diamonds
Mini Diamonds (India) Ltd. has secured a significant domestic order valued at INR 14.00 Crores for the supply of fancy coloured cut and polished lab grown diamonds. The order was received on April 9, 2026, from an existing client based in Mumbai.This development underscores the company's growing domestic business and the increased market acceptance of its lab-grown diamond offerings, which are supported by transparent specifications, consistent quality assurance, and competitive pricing. The repeat business from an existing client signals commercial confidence, as the order profile moves beyond previous product segments.
Management noted that the domestic market assumes added significance for long-term growth, especially while the global business environment remains uncertain and export markets require a measured approach.
Order Details
The order details reveal the transaction specifics, confirming the domestic nature and scope of the commitment. The details are summarized below:| Feature | Detail |
|---|---|
| Awarding Entity | Aura Diamond |
| Order Value | INR 14.00 Crore |
| Nature of Supply | Fancy Coloured Lab Grown Polished Diamonds |
| Origin of Order | Domestic entity (Mumbai based) |
| Fulfillment Timeline | Within 4 months from the date of order completion |
| Payment Terms | On or before 150 days from the date of order completion |
Shri Upendra Shah, Chairman and Managing Director of Mini Diamonds (India) Limited, commented that the order is encouraging, particularly as it originates from an existing customer in the specialized category of fancy coloured lab grown diamonds. He stated that the transaction reflects the confidence being built through consistent quality and competitive pricing, asserting that strengthening the domestic business remains a key priority for the company.
Mini Diamonds (India) Limited is a company established in 1987, initially focused on the diamond import and export business. The company operates a manufacturing facility in Mumbai, which is equipped with advanced machinery for processing rough diamonds, including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. This facility also serves as a hub for jewellery manufacturing, allowing for the integration of diamond processing expertise with crafting. The company focuses on the manufacturing, marketing, and sales of lab-grown diamond jewellery for both B2B and B2C channels in Indian and international markets.
Stock Price Movement
Mini Diamonds India Ltd shares settled on Thursday at ₹16.54, dipping 0.06% for the session. The stock moved throughout the day, tracing a path between a low of ₹16.20 and a high of ₹18.40.Source:
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