Mini Diamonds India Ltd receives Domestic Order for Cut and Polished Lab Grown Diamonds amounting to INR 12.00 Crores

Mini Diamonds (India) Limited ("MDIL") has secured a significant domestic order of INR 12.00 Crores from a Mumbai based existing client on May 11, 2026 for supply of cut and polished lab grown diamonds.

This is the first order received from this customer during the current financial year and marks a positive start to the Company's domestic order book for FY 2026-27. The order also reflects the customer's continued confidence in MDIL's product capabilities, quality standards and ability to service market requirements in a timely and reliable manner.

The order reinforces MDIL's increasing focus on the Indian market, where demand for lab-grown diamonds is steadily gaining traction across jewellery manufacturers, traders and downstream participants. The Company continues to prioritise consistent quality, disciplined pricing, dependable fulfilment and commercially balanced terms as key pillars of its customer acquisition and retention strategy. MDIL believes that its ability to maintain execution credibility and strengthen customer relationships can support repeat business opportunities over time, while enhancing its positioning in the domestic labgrown diamond ecosystem.

Shri Upendra Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update: "This order reflects a constructive start to our engagement with the customer for the current financial year and supports our strategy of building a stronger domestic business for cut and polished lab-grown diamonds. Our focus remains on delivering quality products at competitive pricing, while maintaining reliable execution and long-term customer relationships. We believe the domestic market offers meaningful growth opportunities, and MDIL is well-positioned to participate in this evolving demand."

Source : Equity Bulls

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