Goldiam International Ltd has relocated its ORIGEM retail store in Bengaluru to a significantly larger premises within the same shopping mall. The new unit opened to the public on October 21, 2026, marking an expansion of the company's retail footprint for its lab-grown diamond jewellery brand.

The relocation involves moving from Unit No. G-38 to Unit No. G-65A at Phoenix Marketcity, Whitefield Main Road, Mahadevapura. This shift follows the initial opening of the seventh ORIGEM store at the location in September 2025. The company stated that the new premises are substantially larger than the previous ones.

Strategic Retail Expansion

The move is part of Goldiam's ongoing efforts to optimise retail operations and strengthen the market presence of its ORIGEM brand. The enhanced space is expected to provide customers with a better shopping experience, improved product display capabilities, and greater engagement opportunities.

Key Details of Relocation

Goldiam International Limited continues to update exchanges with further developments regarding its retail network expansion.

Goldiam International shareholders approved the audited standalone and consolidated financial statements for FY26 during the company's 39th Annual General Meeting held on September 29, 2026. The meeting, conducted via video conferencing, also confirmed a first interim dividend of ₹2.75 per share.

The proceedings commenced at 11:00 am and concluded at 11:43 am. Chairman Rashesh Manhar Bhansali addressed the shareholders, highlighting the financial performance for FY26 and recent Qualified Institutional Placement (QIP) activities. He also provided insights into the retail business segment and the company's future outlook. The Statutory Auditors' report for FY26 contained no qualifications or adverse remarks, as did the Secretarial Audit report.

Key resolutions passed

Three ordinary resolutions were transacted at the meeting. Shareholders voted to adopt the audited balance sheet and profit and loss statement for the year ended March 31, 2026. They also confirmed the payment of the first interim dividend of ₹2.75 per equity share, representing a payout of 137.50% on the face value of ₹2 per share. Additionally, Mr. Anmol Rashesh Bhansali was re-appointed as Managing Director, liable to retire by rotation.

Voting results analysis

The voting data reveals a significant disparity in participation between promoter and public shareholders. Promoters and the promoter group, holding 88,096,079 shares, cast votes for all three resolutions with 100% participation. In contrast, public non-institutional investors, who hold a substantial block of 59,676,090 shares, saw very low engagement, with less than 0.05% of their holdings participating in the vote across all items.

What the numbers show

The voting patterns highlight a strong alignment between management and institutional interests, while indicating potential apathy or lack of information among retail investors. Public institutions, holding 2,784,956 shares, participated at a rate of approximately 10%, casting their votes entirely in favour of all resolutions. However, the negligible turnout from public non-institutions suggests that the outcome was heavily determined by the promoter group's overwhelming shareholding dominance, which accounted for nearly 59% of the total outstanding shares.