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.

Mini Diamonds (India) has entered into a strategic agreement for the monthly procurement of lab-grown diamonds, marking a significant expansion in the company's synthetic diamond operations. The agreement establishes a consistent supply chain for Mini Diamonds' growing business in the lab-grown diamond segment.

Agreement Details

The procurement agreement outlines specific volume commitments that will support the company's operational requirements:

Strategic Implications

This agreement positions Mini Diamonds (India) to capitalize on the expanding lab-grown diamond market. The consistent monthly procurement volumes between 30,000 to 40,000 carats will provide the company with a reliable supply base to support its operations and customer commitments.

The lab-grown diamond segment has been experiencing increased demand as consumers and businesses seek alternatives to natural diamonds. This procurement agreement enables Mini Diamonds to secure a steady supply of synthetic diamonds, which are chemically and physically identical to natural diamonds but produced in controlled laboratory environments.

Market Position

By securing this monthly procurement agreement, Mini Diamonds (India) demonstrates its commitment to expanding its footprint in the synthetic diamond market. The agreement provides the company with supply chain stability and positions it to meet growing market demand for lab-grown diamonds across various applications and customer segments.