Mini Diamonds (India) Ltd has secured a significant domestic order worth ₹16.25 crore from Aura Diamond for the supply of cut and polished natural diamonds. The order, received on June 16, 2026, highlights the company's continued ability to serve varied customer requirements across the diamond value chain, backed by its manufacturing experience and focus on quality. This contract is expected to support the company's efforts to build a stronger and more diversified domestic business.

Order Details and Execution Terms

The order entails the supply of cut and polished natural diamonds to a Mumbai-based client. As per the agreement, fulfilment of the order is to be completed within four months from the date of the order. The payment terms stipulate that settlement will be made on or before 150 days from the date of order completion. The disclosures regarding this order were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Order Particulars

The following table summarises the key details of the order secured by Mini Diamonds (India) Ltd:

Management Commentary

Shri Upendra Narottamdas Shah, Chairman and Managing Director of Mini Diamonds (India) Ltd, stated that the order reflects the confidence placed in the company's execution capabilities and product understanding. He noted that while the natural diamond market remains competitive, established players with disciplined operations and the ability to align with client-specific requirements continue to find meaningful opportunities. The management remains focused on building sustainable customer relationships and improving sales visibility to support steady growth.

Company Profile

Mini Diamonds (India) Ltd is a public limited company listed on BSE Limited, established in 1987. The company operates a sophisticated manufacturing facility in Mumbai, equipped with modern technology such as Sarin Technology and Auto Bruiting Machines. While the company has a strong presence in the natural diamond business, it also manufactures and markets lab-grown diamond jewellery for both Indian and international markets through B2B and B2C channels.

Mini Diamonds (India) Ltd has secured a domestic order worth ₹14 crore for the supply of cut and polished lab-grown diamonds, reinforcing its strategy to expand its local market presence. The order was awarded by Kavish Jewels, a Mumbai-based client, on June 15, 2026. This transaction marks a step forward in the company's efforts to broaden its domestic customer network and build sustained business momentum within the Indian lab-grown diamond sector.

The order requires the supply of cut and polished lab-grown diamonds valued at ₹14 crore, with execution to be completed within four months from the date of the order. Payment terms are stipulated at 150 days from the date of completion. The company stated that this engagement reflects its focus on understanding client requirements and delivering quality goods with consistency to foster long-term relationships.

Order Details

The specifics of the transaction were disclosed in a filing submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order is from a domestic entity and that there are no interests held by the promoter group in the client entity. Furthermore, the transaction does not fall under related party transactions. Key details of the order are outlined below:

Management Commentary

Shri Upendra Narottamdas Shah, Chairman and Managing Director, highlighted the significance of this order for the company's growth trajectory. He stated that the receipt of the ₹14 crore order reflects the progress of Mini Diamonds (India) Ltd's focused efforts to strengthen its domestic business. Shah emphasized that the company's approach remains centered on delivering quality goods and building long-term relationships to support better sales visibility and sustainable topline growth.