Mini Diamonds (India) Limited ("MDIL") has secured a significant domestic order of INR 14.00 Crores from a Mumbai based existing client on April 09, 2026 for supply of fancy coloured cut and polished lab grown diamonds.
This order marks a further step in the Company's efforts to strengthen its domestic business and signals growing market acceptance of its lab-grown diamond offerings, supported by consistent quality assurance, transparent specifications and competitive pricing. The development also deepens MDIL's engagement with an existing client, whose order profile has now moved beyond the earlier product segment. Such expansion by a repeat customer is a meaningful sign of commercial confidence and highlights the Company's ability to build larger and more diverse business relationships over time.
At a time when the global business environment remains uncertain and export markets require a measured approach; the domestic market assumes added significance for long-term growth. In this backdrop, the present order highlights MDIL's steady progress in strengthening its position in India through closer customer engagement, wider product acceptance and sustained order flow.
Shri Upendra Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update: "This order is an important start to the new financial year and is particularly encouraging as it comes from an existing customer in a new product category i.e. the fancy, coloured lab grown diamonds. It reflects the confidence we are building through consistent quality, competitive pricing and our ability to service specialized requirements. In the present global environment, strengthening the domestic business remains a key priority for us, and we believe such orders will continue to support the Company's growth and market position in India."