mini diamonds has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The primary agenda of the meeting is the consideration and approval of the audited financial results for the quarter and financial year ended March 31, 2026. The board will review both standalone and consolidated financial statements during the session.

The announcement was made in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed BSE Limited regarding the scheduled proceedings.

Trading Window Closure

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct, the trading window for designated persons and their immediate relatives remains closed. The window initially closed on Wednesday, April 1, 2026.

The company specified that the trading window will reopen after the expiry of 48 hours from the date of declaration of the audited financial results for the quarter and financial year ended March 31, 2026.

Meeting Details

Mini Diamonds (India) Limited has announced the receipt of a significant domestic order worth INR 12.00 Crores for the supply of cut and polished lab grown diamonds. The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on May 11, 2026. The order has been placed by Saharsh Exports, a Mumbai-based existing client of the company.

Order Details at a Glance

The key terms and parameters of the order, as disclosed in Annexure-A under the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are summarised below:

First Domestic Order of FY 2026-27

This order represents the first order received from Saharsh Exports during the current financial year and marks the opening entry in Mini Diamonds (India) Limited's domestic order book for FY 2026-27. The company noted that the order reflects the customer's continued confidence in its product capabilities, quality standards, and ability to service market requirements in a timely and reliable manner.

The order also reinforces the company's increasing focus on the Indian market, where demand for lab-grown diamonds is gaining traction across jewellery manufacturers, traders, and downstream participants. Mini Diamonds (India) Limited has highlighted consistent quality, disciplined pricing, dependable fulfilment, and commercially balanced terms as key pillars of its customer acquisition and retention strategy.

Management Commentary

Shri Upendra Shah, Chairman and Managing Director of Mini Diamonds (India) Limited, commented on the development:

"This order reflects a constructive start to our engagement with the customer for the current financial year and supports our strategy of building a stronger domestic business for cut and polished lab-grown diamonds. Our focus remains on delivering quality products at competitive pricing, while maintaining reliable execution and long-term customer relationships. We believe the domestic market offers meaningful growth opportunities, and MDIL is well-positioned to participate in this evolving demand."

About Mini Diamonds (India) Limited

Mini Diamonds (India) Limited is a public limited company listed on BSE Limited, established in 1987, with operations spanning diamond import, export, and jewellery manufacturing. The company operates a manufacturing facility in Mumbai equipped with technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. In addition to diamond processing, the facility supports jewellery manufacturing, with the company serving both Indian and international markets through B2B and B2C channels.