Goldiam International Limited has informed the Exchange regarding 'Intimation of opening of 24th retail store for lab-grown diamond jewellery under the brand name ORIGEM .'.
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Goldiam International has opened its 24th retail store for lab-grown diamond jewellery under the ORIGEM brand at Mall of Faridabad. The new store is located at Ground Floor, NIT Bus Stand, KL Mehta Road, NIT, Faridabad. The company operates stores across multiple cities including Mumbai, Bengaluru, Noida, Chandigarh, Delhi, Kolkata, Chennai, Pune, Hyderabad, and Jodhpur. Additionally, the company's Borivali West store has been closed due to building redevelopment, and they are evaluating relocation options. This expansion aligns with the company's long-term strategy to strengthen its retail presence.
Positive signal for shareholders as the company continues expanding its retail network, which could drive future revenue growth. The lab-grown diamond segment aligns with growing consumer preference for affordable and ethical jewellery.