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.

Mini Diamonds (India) Limited (MDIL) has announced a special Mother's Day retail promotion through its wholly owned subsidiary, Namra Jewels Private Limited. The offer is available at Namra Jewels' flagship store located at Atria Mall, Worli, Mumbai, and is valid from May 5, 2026 to May 20, 2026. Customers visiting the store during this period will receive a flat 50% discount on labour and making charges on jewellery purchases.

Mother's Day Retail Promotion at Namra Jewels

The promotion has been designed to mark Mother's Day by encouraging customers to express love and appreciation through fine lab-grown diamond jewellery. The initiative combines occasion-led retail activation with accessible pricing on making charges, aiming to create a meaningful purchase opportunity for customers while enhancing footfalls and visibility at the flagship store.

Key details of the promotion are outlined below:

Management Commentary

Commenting on the announcement, the management of Mini Diamonds (India) Limited stated:

"Mother's Day is a special occasion to celebrate love and appreciation, and through Namra Jewels, we are pleased to offer customers a meaningful in-store benefit. This initiative supports our focus on stronger retail engagement, improved store visibility and deeper connect with the domestic jewellery consumer."

About Mini Diamonds (India) Limited

Mini Diamonds (India) Limited is a public limited company listed on BSE Limited, established in 1987, with a focus on diamond import and export business. The company is internationally recognised for its cut and polished diamonds and jewellery manufacturing. MDIL operates a manufacturing facility in Mumbai equipped with technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines.

The company's Mumbai facility also serves as a hub for jewellery manufacturing, integrating diamond processing expertise with professional artisanship. Mini Diamonds (India) Limited operates across both B2B and B2C channels, catering to Indian and international markets with a focus on lab-grown diamond jewellery.