Key Order Details
- Order Value: ₹14.00 Crores
- Client: Mumbai-based existing client Aura Diamond
- Order Date: June 01, 2026
- Product: Cut and polished lab grown diamonds
- Execution Timeline: Order fulfillment to be completed within 4 months from date of order
- Payment Terms: Payment to be made on or before 150 days from date of order completion
- Geographic Scope: Domestic order with diamonds to be supplied locally in India
Additional Disclosures (Annexure-A)
- Entity Awarding Order: Aura Diamond
- Nature of Order: Supply of cut and polished lab grown diamonds worth ₹14.00 Crores
- Domestic/International: Domestic entity (Mumbai based)
- Promoter Interest: No interest by promoter/promoter group/group companies in the entity that awarded the order
- Related Party Transaction: Does not fall within related party transactions
Strategic Context and Management Commentary
The order forms part of MDIL's focused efforts to deepen its domestic business. The company has been actively working towards increasing its presence in the Indian market by offering consistent product quality, calibrated pricing, dependable execution, and commercially practical terms to trade partners.
Shri Upendra Shah, Chairman and Managing Director, commented: "We are pleased to receive an additional order worth ₹14 crore from Aura Diamond. This repeat business reflects the confidence placed in MDIL's quality standards, timely execution capabilities, and transparent trade practices. The domestic lab-grown diamond market continues to offer meaningful opportunities, and we remain focused on building a stronger presence in this segment through reliable supply, competitive offerings, and sustained customer relationships."
Company Background
Mini Diamonds (India) Limited (MDIL) is a BSE-listed public limited company established in 1987. The company operates a sophisticated manufacturing facility in Mumbai equipped with cutting-edge technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. MDIL excels in manufacturing, marketing, and sales of lab-grown diamond jewellery through B2B and B2C channels catering to both Indian and international markets.