Mini Diamonds (India) Limited ("MDIL") has secured domestic order of INR 12.00 Crores from a Mumbai based client on December 15, 2025.
The order has been received from a Mumbai-based client for supply of lab-grown diamonds. The order will be executed as per the client's specifications and the mutually agreed delivery schedule. This development supports the Company's ongoing focus on scaling volumes across B2B and B2C channels in India.
The Company will undertake procurement, manufacturing and dispatch in line with its standard operating processes and quality benchmarks. Execution of this order is expected to expand the Company's footprint in the domestic diamond industry and reinforce its presence in the fast-growing lab-grown polished diamond market through higher visibility, repeat business potential, and deeper channel penetration.
Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update: "The order reflects increasing acceptance of lab-grown diamonds in the Indian market and validates the Company's ability to deliver on quality, assortment, and timelines at scale. Management further added that the Company will continue to expand domestic client relationships, enhance operational efficiency, and maintain strict quality standards while accelerating growth in the lab-grown polished diamond segment."