Mumbai, Dec. 2 -- In an exchange filing, the company said it will export lab-grown polished diamonds valued at $1.50 million. The export order is scheduled to be completed within three months from the date of the order, while the payment will be received within 150 days from the completion date.

The company also clarified that neither its promoters nor the promoter group has any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.

Upendra N. Shah, chairman and managing director, Mini Diamonds (India), said, "The repeat order from our Hong Kong customer, focused on exclusively special-cut and shaped lab-grown polished diamonds, underlines the confidence in our product co...