Receipt of export order for lab-grown cut and polished diamonds amounting to USD 1.50 millions (approximately INR 13,35,00,000)
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Mini Diamonds India Ltd has secured an export order valued at USD 1.5 million (approximately INR 13.35 crore) from Diasqua International Limited, a Hong Kong-based buyer, for lab-grown cut and polished diamonds. The order was received on October 14, 2025, and must be executed within 3 months, with payment due within 150 days of order completion. The transaction is not a related party deal, and no promoter group has any interest in the client. The company stated this order strengthens its expanding global footprint and supports growing demand for lab-grown diamonds in international markets.
Positive for shareholders as it adds revenue visibility and supports the company's export-led growth strategy in the fast-growing lab-grown diamond segment. The order size is moderate, so the stock reaction will likely depend on MDIL's overall revenue base.