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Mini Diamonds enters into strategic business arrangement with Parasamani

26 Aug 2024 Evaluate

Mini Diamonds India (MDIL) has entered into a strategic business arrangement with Parasamani Inc., a jewellery company based in Toronto, Canada. This partnership represents a significant milestone in MDIL’s global expansion strategy and solidifies its position to be a pioneer in the lab-grown diamond jewellery industry.

Parasamani Inc. is a well-established enterprise in the Canadian wholesale jewellery market, with over a decade of experience and an extensive network of connections. Through this collaboration, Parasamani will market and promote MDIL’s lab-grown diamond jewellery across Canada, utilising its strong relationships with retailers, wholesalers, and distributors to significantly boost MDIL’s sales in the region.

By leveraging Parasamani’s established channels, MDIL will be able to offer Canadian clients a diverse range of lab-grown diamond jewellery, from occasion specials to everyday elegant pieces. Parasamani’s deep understanding of the Canadian market will ensure that MDIL’s collections resonate with local preferences while maintaining the highest standards of quality, craftsmanship, and sustainability.

Mini Diamonds (India) operates in one segment which is Jewellery manufacturing. The main object of the company is to process latest semi-automatic spinning mills for polishing diamonds & also computerized laser machine for sawing, crafting & cleaving.  


Mini Diamonds (I) Share Price

16.53 -1.00 (-5.70%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4458.30
Kalyan Jewell.India 412.60
Rajesh Exports 129.02
Senco Gold 323.80
Thangamayil Jeweller 3790.40
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