Mini Diamonds (India) Limited (MDIL) has disclosed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that it has secured a significant domestic order worth INR 14.50 Crores from an existing Mumbai-based client, Aura Diamond, on September 21, 2026.

The order is for the supply of cut and polished natural diamonds. The company states this development deepens its relationship with the client and demonstrates its ability to meet sizeable requirements through suitable product assortments, consistent quality, and reliable execution.

Additional Disclosures (Annexure-A)

  • Entity Awarding Order: Aura Diamond
  • Significant Terms: Order fulfillment to be completed within 60-90 days from date of order; Payment to be made on or before 150 days from date of order completion
  • Awarding Entity: Domestic entity (Mumbai based)
  • Nature of Order: Supply of Cut and Polished Natural Diamonds worth INR 14.50 Crores
  • Supply Location: Domestic (supplied locally)
  • Execution Timeframe: 60-90 days from date of order completion
  • Order Size: INR 14.50 Crore
  • 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

Management Commentary

Shri Upendra Shah, Chairman and Managing Director, commented: "We are pleased to further strengthen our association with an existing Mumbai-based client through this sizeable business engagement. It reflects the value of maintaining longstanding customer relationships and consistently meeting their evolving requirements. Our immediate focus will be on efficient execution while upholding the quality and service standards associated with MDIL. We will continue developing our core natural diamond operations while progressively expanding the lab-grown diamond and jewellery segments to create a more diversified and resilient business."

Company Background

Mini Diamonds (India) Limited is a public limited company listed on BSE Limited, established in 1987. The company operates in diamond import and export business with a sophisticated manufacturing facility in Mumbai equipped with cutting-edge technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. The facility also serves as a hub for jewellery manufacturing, catering to both Indian and international markets through B2B and B2C channels.