Shanti Gold International has announced plans to establish a fully owned subsidiary in the United Arab Emirates (UAE), marking a significant step in the company's international expansion strategy.

Strategic Move into Middle Eastern Market

The Board of Directors of Shanti Gold International, in a meeting held on November 4, 2025, approved the incorporation of a wholly-owned subsidiary named 'Shanti Gold Jewellery Trading LLC' in Dubai, UAE. This strategic move aims to strengthen the company's presence in the Middle East and showcase its jewellery collections to international customers.

Key Details of the Subsidiary

• Name: Shanti Gold Jewellery Trading LLC (subject to approval by local authorities)
• Location: Dubai, United Arab Emirates
• Ownership: 100% owned by Shanti Gold International
• Initial Investment: AED 300,000.00
• Expected Incorporation Date: March 31, 2026

Business Objectives

The new subsidiary will serve as a key hub for:

1. Trading and re-selling of Shanti Gold International's complete range of studded and plain jewellery
2. Showcasing the company's product lines, including brooches, earrings, necklaces, bracelets, rings, and other bespoke creations
3. Enhancing the company's global footprint and brand recognition

Compliance and Regulatory Aspects

The incorporation will be carried out in compliance with:

• Applicable laws in the UAE
• Specific compliances for Dubai Economy & Tourism (DET) Authority Zone
• Foreign Exchange Management Rules, Regulations, and Directions issued by the Reserve Bank of India
• Relevant provisions of the Companies Act

Financial Performance Context

While expanding internationally, Shanti Gold International has also reported strong financial results for Q2 FY2025-26:

This expansion comes after the company's Initial Public Offering (IPO) of 1,50,96,000 equity shares, which were listed on BSE and NSE on August 1, 2025.

The establishment of this UAE subsidiary aligns with Shanti Gold International's long-term vision of positioning itself as a globally recognized brand, representing Indian craftsmanship and contemporary design excellence on the international stage.

Shanti Gold International Limited , a leading gold jewellery manufacturer in India, has reported robust growth and expressed optimism about its future performance. The company's recent operational update for Q2 FY2026 reveals significant strides in revenue and market presence.

Strong Financial Performance

Shanti Gold International has demonstrated impressive financial results:

This substantial growth reflects the company's strong market position and the increasing demand for its products across both domestic and international B2B clients.

Driving Factors

The company attributes its success to several key factors:

1. Innovative design capabilities
2. Favorable gold price trends
3. Enhanced product portfolio
4. Successful participation in jewellery exhibitions

Festive Season Outlook

With the onset of the festive and wedding season, Shanti Gold International has strategically expanded its product range. The company has introduced new jewellery designs across multiple categories, aligning with the latest consumer trends and preferences. The newly launched festive and bridal collections have received positive responses from clients and trade partners.

Future Prospects

Looking ahead, Shanti Gold International maintains an optimistic outlook. The company anticipates continued growth and expects strong demand momentum across its product lines in the upcoming quarter. This positive sentiment is backed by the company's recent performance and the favorable reception of its new collections.

About Shanti Gold International Limited

Founded in 2003 by Mr. Pankajkumar Jagawat and Mr. Manojkumar Jain, Shanti Gold International Limited has established itself as a trusted jewellery manufacturer in India. The company's modern manufacturing facility in Mumbai spans over 13,448 sq. ft., integrating traditional craftsmanship with advanced technology to create elegant and contemporary designs.

Investors and stakeholders can look forward to a detailed information update following the approval of the Q2 and H1 FY2026 results by the Board of Directors.

Note: The financial metrics provided are subject to a Limited Review process by the company's Statutory Auditors.