Goldiam International Limited has informed the Exchange regarding 'Intimation of opening of Seventeenth (17th) store for lab-grown diamond jewellery retail at Nexus Koramangala Mall, Bengaluru under the brand name ORIGEM .'.
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Goldiam International Limited has opened its 17th retail store for lab-grown diamond jewellery under the brand name ORIGEM at Nexus Koramangala Mall, Koramangala, Bengaluru, on February 26, 2026. The company has been steadily expanding its retail footprint across key Indian cities including Mumbai, Delhi, Noida, Chandigarh, Kolkata, and Chennai. As part of this expansion, the Borivali West store has been closed due to building redevelopment, and the company is evaluating relocation options for higher footfall. The new store aligns with the company's long-term strategy to expand retail presence and strengthen customer engagement in key markets.
This is a positive operational update showing continued retail expansion in the growing lab-grown diamond jewellery segment, which could support revenue growth. However, the closure of the Borivali store and ongoing capex on new outlets may pressure near-term margins, and the impact on stock price is likely to be modest as this is an incremental store opening.