Mini diamonds (India) Limited has secured a substantial domestic order worth ₹14.00 crores for fancy coloured lab grown polished diamonds, marking a significant business development as the company enters the new financial year. The order was received on April 09, 2026, from Mumbai-based existing client Aura Diamond, representing an expansion into a new product category for the repeat customer.

Order Details and Terms

The comprehensive order encompasses the supply of fancy coloured cut and polished lab grown diamonds, with specific execution and payment terms outlined in the regulatory disclosure.

Strategic Significance

The order holds particular importance as it represents the client's expansion beyond their earlier product segment, moving into fancy coloured lab grown diamonds. This development signals growing market acceptance of Mini Diamonds' lab-grown diamond offerings, supported by consistent quality assurance, transparent specifications and competitive pricing. The transaction deepens the company's engagement with an existing client, demonstrating commercial confidence and the ability to build larger and more diverse business relationships.

Management Commentary

Chairman and Managing Director Upendra Shah emphasized the order's significance as an important start to the new financial year. He highlighted that the order reflects confidence built through consistent quality, competitive pricing and the company's ability to service specialized requirements. Shah noted that strengthening the domestic business remains a key priority in the present global environment, with such orders expected to continue supporting the company's growth and market position in India.

Company Background

Mini Diamonds (India) Limited operates as a BSE-listed public company established in 1987, specializing in diamond import, export, and manufacturing operations. The company maintains a sophisticated manufacturing facility in Mumbai equipped with cutting-edge technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. The facility serves both diamond processing and jewellery manufacturing operations, catering to Indian and international markets through B2B and B2C channels with a focus on high-quality, cost-effective lab-grown diamonds.

Mini Diamonds (India) Ltd has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 03, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited. Managing Director Upendra Narottamdas Shah (DIN: 00748451) signed the compliance document, which was digitally authenticated on April 03, 2026 at 14:41:03 +05'30'.

Registrar Confirmation

Purva Sharegistry (India) Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate dated April 01, 2026. The registrar, holding SEBI registration number INR000001112 as Category 1 Registrar, confirmed adherence to dematerialisation procedures during the reporting period.

Compliance Officer Ms. Deepali Gaonkar from Purva Sharegistry certified that all securities received from depository participants for dematerialisation were properly processed within prescribed timelines. The certificate confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

Dematerialisation Activity Report

The detailed dematerialisation report for the period from January 01, 2026 to March 31, 2026 shows no activity during the quarter. The comprehensive register covering folio numbers, shareholder names, certificate numbers, distinctive numbers, shares, and dematerialisation dates recorded no transactions.

This regulatory filing demonstrates Mini Diamonds (India) Ltd's commitment to maintaining transparency and compliance with SEBI regulations governing depositories and participants. The nil activity report indicates no share certificate dematerialisation occurred during the quarter ended March 31, 2026.