Mini diamonds (India) Limited has secured another significant domestic order worth INR 10.00 Crores for lab-grown polished diamonds, demonstrating continued strength in the Indian market. The order was received on February 10, 2026, from Mumbai-based client Aura Diamond, marking another milestone in the company's domestic business expansion.

Order Details and Terms

The latest contract represents a repeat order from an existing customer, highlighting the company's ability to maintain strong client relationships. The order specifications and terms are structured to ensure smooth execution and payment flow.

Strategic Significance

The repeat business from Aura Diamond reflects strengthening demand in the Indian lab-grown diamond market. Management believes this order will further reinforce the company's standing in the domestic market while strengthening customer confidence, particularly with continuing clients. The successful completion of this order is expected to support sustained demand and improve customer retention.

Operational Execution

Mini Diamonds will fulfill the order through its existing end-to-end operational system, encompassing the complete value chain from raw material planning to final delivery. The company's established processes include:

• Raw material planning and processing
• Quality verification and control
• Final shipment and delivery
• Compliance with established oversight mechanisms

The company's Mumbai facility, equipped with cutting-edge technology including Sarin Technology, Auto Bruting Machines, and Semi-Automatic Polishing Mills, will handle the production requirements.

Management Commentary

Chairman and Managing Director Upendra Shah expressed optimism about the development, stating that the repeat order from a continuing customer reflects increasing confidence in the company's ability to deliver consistent quality and competitive pricing. He emphasized that consistent delivery will support more repeat business and stronger domestic relationships, positioning the company for sustained growth in the lab-grown diamond segment.

Market Position

Established in 1987, Mini Diamonds operates as a comprehensive diamond processing and jewelry manufacturing company. The company serves both Indian and international markets through B2B and B2C channels, focusing on high-quality, cost-effective lab-grown diamonds. This latest order reinforces the company's strategic focus on the growing domestic market for lab-grown diamond products.

Mini Diamonds (India) Limited has announced securing a substantial domestic order worth ₹14.00 crores for lab-grown polished diamonds, marking another significant milestone in the company's domestic market expansion. The order was received on January 14, 2026, from Mumbai-based client Aura Diamond, demonstrating growing market confidence in the company's product quality and competitive positioning.

Order Details and Terms

The comprehensive order specifications highlight the structured approach to this significant business development:

The order represents a domestic supply arrangement where Mini Diamonds will deliver lab-grown polished diamonds locally within the Indian market. The four-month execution timeline provides the company with adequate time to fulfill the order through its established operational framework.

Strategic Market Position

According to the company's disclosure, this order supports its ongoing focus on scaling volumes in the domestic market. The increasing flow of meaningful domestic orders reflects growing acceptance of Mini Diamonds' lab-grown polished diamonds, supported by consistent quality assurance, transparent specifications and competitive pricing.

Chairman and Managing Director Shri Upendra N. Shah commented on the development, stating the company is encouraged by the increasing momentum in the domestic market and the repeatability in order sizes. He emphasized that this reflects customers' confidence in their consistent quality standards, transparent specifications and competitive pricing.

Execution Framework

Mini Diamonds will execute the order through its established procurement, manufacturing and dispatch framework in line with internal controls and quality benchmarks. The company expects timely fulfillment to strengthen its domestic position in the lab-grown polished diamond segment and support repeat business and deeper channel relationships.

Regulatory Compliance

The order disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that:

• The promoter/promoter group/group companies have no interest in the entity that awarded the order
• The order does not fall within related party transactions
• All required disclosures under SEBI Master Circular No. SEBI/HO/CFD-PoD2/CIR/P/0155 dated November 11, 2024 have been provided

This significant order reinforces Mini Diamonds' strategic focus on the lab-grown diamond segment and demonstrates the company's ability to secure substantial domestic contracts in a competitive market environment.