Mini Diamonds (India) Limited ("MDIL") is pleased to inform its shareholders about strengthening of its Dubai footprint through receipt of order for 1000 pieces of exquisite silver lab grown jewellery pieces and beginning of its B2C market outreach through participation in retail exhibition in Mumbai and
Receipt of Jewellery Order from Dubai:
Mini Diamonds India Ltd. has received a substantial export order for 1,000 pieces of sterling silver lab-grown diamond jewelry from AV Palace DMCC, a leading jewelry house based in Dubai. This order is part of the ongoing partnership between our company and AV Palace DMCC, focused on expanding the brand's presence in the Middle Eastern luxury jewelry market. Through this collaboration, we are strengthening our position in Dubai by offering high-quality sterling silver lab-grown diamond jewelry-a category gaining popularity among modern consumers. This milestone reflects the shared goal of both companies to promote ethical luxury and meet the growing demand for conscious craftsmanship.
Participation in Retail Exhibition:
For the first time ever, Namra Jewels is taking its signature lab-grown diamond jewelry beyond the showroom and directly to customers at an exclusive exhibition in Juhu, Mumbai this weekend. Featuring 14KT BIS hallmarked and IGI-certified pieces, the event offers a unique chance for jewelry lovers to explore our lab grown diamonds collection up close. It also allows us to connect with a wider audience, gain valuable customer insights, and build stronger brand recognition. This marks a key step in our growth journey as we expand our offline presence and bring sustainable luxury to more people.
Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update: "We are pleased to announce the receipt of a 1,000-piece export order from AV Palace DMCC, Dubai-an encouraging sign of growing global confidence in our sterling silver lab-grown diamond jewelry and craftsmanship. This milestone strengthens our international presence and supports our vision of promoting sustainable luxury worldwide. On the domestic front, our upcoming participation in the B2C exhibition in Juhu, Mumbai marks an important step toward deepening customer engagement and expanding our retail footprint in India. Together, these developments coupled with accelerated growth and profitability owing to inhouse manufacturing of lag grown polished diamonds now reflect our commitment and caliber to scaling responsibly through quality, affordability, and customer-focused growth."
Shares of MINI DIAMONDS (INDIA) LTD. was last trading in BSE at Rs. 180.80 as compared to the previous close of Rs. 183.00. The total number of shares traded during the day was 12115 in over 66 trades.
The stock hit an intraday high of Rs. 184.00 and intraday low of 174.00. The net turnover during the day was Rs. 2122255.00.