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 16.25 Crores from a Mumbai-based client, Aura Diamond, on June 16, 2026.
Order Details
- Client: Aura Diamond (Mumbai-based domestic entity)
- Product: Cut and polished natural diamonds
- Order Value: INR 16.25 Crores
- Execution Timeline: Order must be fulfilled within 4 months from the date of order
- Payment Terms: Payment shall be made on or before 150 days from the date of order completion
- Nature: Domestic supply of cut and polished natural diamonds
Management Commentary
Shri Upendra Narottamdas Shah, Chairman and Managing Director, commented: "This order reflects the confidence placed in MDIL's execution capabilities, product understanding and commitment to quality. The natural diamond market continues to remain competitive, but we believe that companies with established experience, disciplined operations and the ability to align with client specific requirements will continue to find meaningful opportunities."
Company Background
MDIL is a BSE-listed public limited company established in 1987, operating in diamond import and export business with manufacturing facilities in Mumbai. The company utilizes advanced technology including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. MDIL also manufactures lab-grown diamond jewellery for both Indian and international markets through B2B and B2C channels.