Mini Diamonds India Ltd enters into a strategic business arrangement with A V PALACE DMCC, Dubai

Mini Diamonds India Ltd (MDIL) has entered into a strategic partnership with A V PALACE DMCC, a well-established diamond and jewellery enterprise based in Almas Tower, Jumeirah Lakes Towers, Dubai. This collaboration marks a significant expansion for MDIL as we bring our exquisite lab grown diamond jewellery collections to the vibrant market of Dubai.

With over a decade of experience, A V PALACE DMCC has built a reputation for quality, transparency, and exceptional customer satisfaction.

Under this agreement, A V PALACE DMCC will take on the pivotal role of distributing MDIL's jewellery through a comprehensive range of channels. Leveraging both Business-to-Business (B2B) and Business-to-Consumer (B2C) strategies, A V PALACE DMCC will utilize its extensive network to reach various customer segments.

For B2B, A V PALACE DMCC will engage with wholesalers, retailers, and other businesses in the jewellery sector, offering them exclusive access to MDIL's stunning collections of lab grown diamond jewellery. This will include customised as well as bulk order options, and competitive pricing, ensuring that MDIL's jewellery reaches a broad spectrum of businesses that value quality and craftsmanship.

In the B2C domain, A V PALACE DMCC will directly cater to individual consumers, offering a seamless shopping experience both online and in-store. The company will provide personalized customer service, guiding clients in selecting the perfect pieces from MDIL's range of exquisite lab grown studded diamond jewellery. With a focus on transparency and authenticity, A V PALACE DMCC will ensure that each piece of jewelry sold is accompanied by certification, offering peace of mind and confidence to buyers.

By combining these two approaches, we aim to maximize the reach and impact of MDIL's jewellery business in Dubai and beyond. The collaboration will not only enhance the A Vailability and visibility of our products but also establish a strong brand presence in the competitive Middle Eastern market.

Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards this newly entered arrangement with A V PALACE DMCC:

"We are confident that the collaboration with A V PALACE DMCC, Dubai will significantly enhance MDIL's market presence in Dubai and bring our beautifully crafted lab grown diamond jewellery to a broader audience. We look forward to a successful and prosperous partnership that will elevate our brand and solidify our position in the global jewellery market."

Shares of MINI DIAMONDS (INDIA) LTD. was last trading in BSE at Rs. 104.07 as compared to the previous close of Rs. 102.03. The total number of shares traded during the day was 1861 in over 14 trades.

The stock hit an intraday high of Rs. 104.07 and intraday low of 104.07. The net turnover during the day was Rs. 193674.00.

Source : Equity Bulls

Keywords

MINIDIAMONDSINDIA INE281E01010 StrategicPartnership AVPalaceDMCC