The company said the order will be executed within four months from the date of order, while payment will be made on or before 150 days from completion.
The company added that the transaction is not a related-party deal, and neither the promoter nor the promoter group has any interest in the entity awarding the order.
Upendra N. Shah, chairman and MD, Mini Diamonds (India), said, “We are encouraged by the increasing momentum in the domestic market and the repeatability we are beginning to see in order sizes. This reflects customers’ confidence in our consistent quality standards, transparent specifications and competitive pricing. We remain focused on disciplined execution and timely fulfilment to deepen customer relationships and strengthen our presence in the lab-grown polished diamond segment.”
Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds.
The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26.