Mini Diamonds India Ltd — Important, 02-06-2026: Company Update

Mini Diamonds, through its subsidiary Namra Jewels, plans to expand its retail presence for lab-grown diamond jewellery using a Franchise Owned, Franchise Operated (FOFO) model. This move aims to capitalize on rising consumer interest in affordable, design-led lab-grown diamonds. Franchise opportunities are offered for a nominal fee of ₹0.05 Cr, with estimated investments under ₹2 Cr for Tier 1 cities and below ₹1.5 Cr for Tier 2 cities. This asset-light strategy will strengthen Namra Jewels' offline network, boost brand visibility, and improve market penetration, enabling the company to reach a wider customer base across India.