Joint Venture3 Dec 2025, 09:05 am
Mini Diamonds (India) Limited Enters Business Arrangement for Jewellery Ancillary Services
AI Summary
Mini Diamonds (India) Limited has entered into a business arrangement with Pyramid Gold Auxiliary Services LLP, a Mumbai-based Jewellery Hallmarking and Auxiliary services unit. Under this arrangement, MDIL will take responsibility for marketing and business development and get a share in revenue accordingly. This will enable MDIL to offer hallmarking, assaying, touch testing and other ancillary services to its existing and prospective customers through the business partner. The arrangement will also enable MDIL to tap into the unit’s customer base as a potential market for its jewellery products and related services.
Key Highlights
- Mini Diamonds (India) Limited has entered into a business arrangement with Pyramid Gold Auxiliary Services LLP
- MDIL will take responsibility for marketing and business development
- MDIL will offer hallmarking, assaying, touch testing and other ancillary services
- MDIL will tap into the unit’s customer base as a potential market for its jewellery products and related services
- This arrangement will strengthen MDIL’s overall service offering and deepen its reach across the jewellery value chain