Mumbai, June 16 -- According to the company, the order was received on 16 June 2026 and is scheduled to be executed within four months from the date of the order. Payment for the consignment is expected to be made within 150 days from the completion of the order.

MDIL clarified that the contract does not qualify as a related-party transaction and that neither the company's promoters nor members of the promoter group have any interest in the awarding entity.

The company stated that the order underscores its ability to cater to diverse customer requirements across the diamond value chain, supported by its longstanding industry presence, manufacturing expertise, and focus on quality. MDIL added that its understanding of customer preference...