Mini Diamonds Secures ₹12 Crore Domestic Order for Lab-Grown Diamonds

Mini Diamonds (India) Limited (MDIL) has announced that it has secured a domestic order worth ₹12 crore from an existing Mumbai-based client for the supply of cut and polished lab-grown diamonds. The order was received on May 11, 2026, and marks the first order from this customer during the current financial year.

Focus on Domestic Market Expansion

The latest order reflects the customer’s continued trust in MDIL’s product quality, operational capabilities, and timely delivery standards. The company stated that the order aligns with its increasing focus on strengthening its presence in the domestic lab-grown diamond segment.

Demand for lab-grown diamonds has been steadily rising in India, driven by growing acceptance among jewellery manufacturers, traders, and other downstream industry participants. MDIL believes the market offers significant long-term growth opportunities as consumers and businesses increasingly adopt sustainable and cost-effective diamond alternatives.

Strategy Built on Quality and Reliability

According to the company, its customer acquisition and retention strategy is centered around maintaining consistent product quality, disciplined pricing, dependable fulfilment, and balanced commercial terms.

MDIL added that maintaining execution credibility and strengthening long-term customer relationships remain key priorities for the business. The company expects that its focus on operational reliability and customer service could help generate repeat business opportunities over time.

The order also reinforces MDIL’s positioning within the domestic lab-grown diamond ecosystem, where competition is increasing as more players enter the segment.

Shri Upendra Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, stated, “This order reflects a constructive start to our engagement with the customer for the current financial year and supports our strategy of building a stronger domestic business for cut and polished lab-grown diamonds. Our focus remains on delivering quality products at competitive pricing, while maintaining reliable execution and long-term customer relationships. We believe the domestic market offers meaningful growth opportunities, and MDIL is well-positioned to participate in this evolving demand.”

Mini Diamonds Share Price Today

On May 11, 2026, Mini Diamonds share price opened at ₹15.27, touching the day’s high at ₹15.98, as of 11:08 AM on the BSE.

Conclusion

The ₹12 crore domestic order marks an encouraging beginning for Mini Diamonds India in FY27 and underlines the company’s growing presence in the lab-grown diamond sector. With increasing domestic demand, a focus on quality execution, and strong customer relationships, MDIL appears well-positioned to benefit from the rising adoption of lab-grown diamonds in India.

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