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Mini Diamonds (India) Ltd has secured a significant export order worth USD 1.50 million (about INR 13.5 crore) from Hong Kong–based Jewellery Trendz Limited for supply of lab-grown polished diamonds. The order must be executed within three months of completion and is structured as an arm’s length, international transaction with no related-party element.
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Mumbai-based Mini Diamonds (India) Ltd has informed exchanges that it has received an export mandate from Jewellery Trendz Limited, an international Hong Kong–based company, to supply lab-grown polished diamonds worth USD 1.50 million. The company will complete shipment within three months from the date the order is fully processed and ready for dispatch.
The disclosure, filed under SEBI’s material event framework, clarifies that the order is entirely international in nature and does not involve any promoter or group-company interest. Management has also confirmed that the transaction is at arm’s length, indicating standard commercial terms. This deal underscores growing global demand for lab-grown polished diamonds and strengthens Mini Diamonds’ export order book in the value-added gems and jewellery segment.
Key Highlights
Customer: Jewellery Trendz Limited, Hong Kong–based international entity.
Product: Lab-grown polished diamonds for export.
Order value: USD 1.50 million (approx. INR 13.5 crore).
Execution timeline: Exports to be completed within 3 months from order completion date.
Nature of transaction: International, at arm’s length; not a related-party transaction.
Promoter interest: Company confirms no promoter or group-company interest in the awarding entity.
Source: Mini Diamonds (India) Ltd exchange filing on BSE website
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