Goldiam International Opens 17th Lab-Grown Diamond Store in Bengaluru
Goldiam International Limited has opened its 17th retail store for lab-grown diamond jewellery in Bengaluru under the brand 'ORIGEM'. This expansion is part of the company's strategy to increase retail presence. The Borivali West store has been closed due to redevelopment.
The opening of a single store, while positive, is unlikely to have a significant immediate financial impact on the overall company.
The opening of a new retail store signifies business expansion and growth.
Goldiam International Limited announced the opening of its seventeenth retail store for lab-grown diamond jewellery. The new store is located at GF 8, Ground Floor, Nexus Koramangala Mall, 21, Hosur Road, Koramangala, Bengaluru - 560095, and will operate under the brand name "ORIGEM".
This opening aligns with the company's long-term strategy to expand its retail footprint and enhance customer engagement in significant markets. The company has previously opened stores in various locations including Borivali West (now closed due to redevelopment), Kharghar, Bandra West, Mulund West, Mumbai Airport, Andheri West, Bengaluru, Noida, Chandigarh, Delhi, Kolkata, Chennai, and another in Whitefield, Bengaluru.
The Borivali West store has been closed as the building is undergoing redevelopment, and the company is exploring relocation options to a higher footfall location.
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Goldiam International Limited filed this with the NSE as a statutory disclosure, categorised under product launches. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Goldiam International Limited. Read the original for the full detail.