Goldiam International opens 25th ORIGEM store in Udaipur

1 min read     Updated on 09 Jun 2026, 04:18 AM
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AI Summary

Goldiam International Limited opened its 25th retail store for lab-grown diamond jewellery under the ORIGEM brand in Udaipur on June 8, 2026. The store is located at Shop No. M-0019, Urban Square Mall, Udyog Vihar, Rajasthan. This expansion aligns with the company's strategy to strengthen its retail presence and customer engagement across key markets.

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Goldiam International Limited expanded its retail footprint by opening its 25th store for lab-grown diamond jewellery under the ORIGEM brand at Urban Square Mall in Udaipur on June 8, 2026. The new outlet, located at Shop No. M-0019, Udyog Vihar, RIICO Industrial Area, Gaurav Path, Sukher, Rajasthan, commenced operations to the public on the same day. This move supports the company's objective of strengthening customer engagement and broadening its reach in key markets.

The opening marks a continuation of Goldiam's retail expansion strategy, adding to its existing network of stores across major cities including Mumbai, Bengaluru, Noida, and Hyderabad. The company has previously established outlets in locations such as Phoenix Palladium, Nexus Whitefield Mall, and South City Mall. The Udaipur store represents the latest addition to this growing portfolio.

Store Details

Location Address Brand Date of Opening
Udaipur Shop No. M-0019, Urban Square Mall, Plot No. F-210 to 223, Udyog Vihar, RIICO Industrial Area, Gaurav Path, Sukher, Rajasthan – 313001 ORIGEM June 8, 2026

The company disclosed this development to the stock exchanges, BSE Limited and National Stock Exchange of India Limited, under Regulation 30. Goldiam International Limited stated it would provide further updates on its retail expansion in due course.

Historical Stock Returns for Goldiam International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.66%+1.68%-1.00%+15.46%+23.31%+427.76%

What are Goldiam's targets for the total number of ORIGEM stores by the end of the fiscal year?

How does the company plan to balance its retail expansion strategy with current consumer demand for lab-grown diamonds?

Will the upcoming retail updates include plans for entering international markets or new geographic regions within India?

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Goldiam International seeks approval for 1:3 bonus share issue

1 min read     Updated on 02 Jun 2026, 03:10 AM
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Goldiam International Limited has announced a postal ballot to seek shareholder approval for issuing bonus equity shares in a 1:3 ratio. The company will capitalize up to ₹7,52,78,562 from reserves for this purpose. The remote e-voting process is scheduled from June 2, 2026, to July 1, 2026, with May 29, 2026, as the record date for eligibility.

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Goldiam International Limited has initiated a postal ballot process to seek shareholder approval for the issuance of bonus equity shares in the ratio of 1:3. The resolution proposes capitalizing a sum not exceeding ₹7,52,78,562 out of reserves, including capital redemption reserves and securities premium, to fund the issue. The bonus shares, of ₹2 each, will rank pari passu with existing equity shares and will be allotted only in dematerialised form. The remote e-voting period commences on June 2, 2026, and concludes on July 1, 2026, with the cut-off date for determining eligibility set as May 29, 2026.

Postal Ballot Schedule and Process

The company has engaged MUFG Intime India Pvt. Ltd. to facilitate the remote e-voting process. Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date are eligible to vote. Mr. Rajnikant Shah, Practising Company Secretary, has been appointed as the scrutinizer to ensure the process is conducted fairly. The results of the postal ballot will be declared within two working days from the conclusion of the voting period and will be available on the company's website and stock exchange portals.

Resolution Details

The Board of Directors, at its meeting held on May 27, 2026, recommended the issuance of one fully paid-up bonus equity share for every three shares held. The issue aims to reward shareholders and enhance liquidity. The resolution authorizes the Board to determine the record date and take necessary steps for listing the bonus shares on recognized stock exchanges. Fractional entitlements will not be issued; instead, the aggregate fractional shares will be sold by a trustee appointed by the Board, and the net proceeds will be distributed proportionally to eligible members.

Instructions for Shareholders

Shareholders holding shares in physical form who have not updated their email addresses are requested to do so immediately to receive the postal ballot notice and login credentials. Members holding shares in dematerialised mode must ensure their email IDs are registered with their depository participants. Voting can be cast through various methods, including NSDL and CDSL e-voting facilities or the InstaVote platform. Once a vote is cast, it cannot be modified.

Historical Stock Returns for Goldiam International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.66%+1.68%-1.00%+15.46%+23.31%+427.76%

How will the issuance of bonus shares impact Goldiam International's liquidity and trading volume in the post-announcement period?

What strategic initiatives or growth plans might the company pursue following the bonus issue to enhance shareholder value?

How could the bonus share issuance influence investor sentiment and the stock's valuation in the short to medium term?

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1 Year Returns:+23.31%