Business update: Receipt of Jewellery Order from Dubai and Participation in B2C Exhibition at Mumbai
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Mini Diamonds India Ltd has received an export order for 1,000 pieces of sterling silver lab-grown diamond jewellery from AV Palace DMCC, a Dubai-based jewellery house, strengthening its presence in the Middle Eastern luxury market. Domestically, its brand Namra Jewels is participating for the first time in a B2C retail exhibition in Juhu, Mumbai, showcasing 14KT BIS hallmarked and IGI-certified lab-grown diamond pieces. The chairman noted that in-house manufacturing of lab-grown polished diamonds is driving accelerated growth and profitability. The Dubai order is part of an ongoing partnership focused on ethical luxury and conscious craftsmanship in the lab-grown diamond segment.
The new export order adds to international revenue streams and validates demand for the company's lab-grown diamond jewellery abroad, while the B2C exhibition marks a step into direct retail that could lift domestic brand visibility and margins. Overall, this is a mildly positive business update for shareholders.