Goldiam International Ltd has received purchase orders worth ₹100 crore for manufacturing and exporting lab-grown diamonds jewellery. These orders are expected to be fulfilled on or before December 31, 2025, ensuring strong momentum for the Company in the near term.
The company announced that these orders do not include online orders. The details of the export orders are as follows:
Particulars | Details |
---|---|
Name of the entity awarding the order(s)/contract(s) | International USA clients |
Significant terms and conditions of order(s)/contract(s) awarded in brief | Export orders for manufacturing and export of lab-grown diamonds jewellery worth ₹100 crore. |
Whether order(s)/contract(s) have been awarded by domestic/international entity | International clients from USA |
Nature of order(s) / contract(s) | Export orders of lab-grown diamond studded gold jewellery |
Whether domestic or international | International |
Time period by which the order(s)/contract(s) is to be executed | On or before December 31, 2025 |
Size of the order(s)/contract(s) | ₹100 crore |
Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof | No |
Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arms length" | No |
The company has confirmed that the promoter or promoter group companies have no interest in the entities awarding the orders and that these transactions do not fall under related party transactions.
Pankaj Parkhiya, Company Secretary & Compliance Officer, has disclosed this information in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
These orders are expected to be fulfilled on or before December 31, 2025, ensuring strong momentum for the Company in the near term.
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