Receipt of export order for lab-grown polished diamonds amounting to USD 2 millions (approximately INR 17,17,35,000)
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Mini Diamonds (India) Limited has received an export order worth USD 2 million (approximately INR 17.17 crore) for lab-grown polished diamonds from Dia-Globe Singapore PTE Ltd, a Singapore-based international client. The order was received on July 14, 2025, and is to be executed within 60 days, with payment due within 150 days of order completion. The order is a commercial international export transaction with no related party interest. The company highlighted that this supports its strategy to grow export revenues and strengthen its presence in global markets, where demand for lab-grown diamonds is increasing.
This is a positive development that adds meaningful export revenue and reinforces the company's international growth story in the fast-growing lab-grown diamond segment. While the order is sizeable, the lack of guidance revision and the one-time nature mean the stock impact may be modest unless more such orders follow.