BSECompany Update3 Aug 2026 · 3 Aug 2026, 03:08 pm
Press release pertaining to New Manufacturing facility and Business Operations
Golkunda Diamonds & Jewellery Ltd · 523676
✦ AI Summary▲ PositiveExpansion
Golkunda Diamonds & Jewellery Ltd has announced the commencement of domestic manufacturing operations at its new 5,360 sq. ft. facility in Andheri East, Mumbai, with an installed capacity of approximately 125-150 kg of jewellery per annum, expected to increase the Company’s overall manufacturing capacity by 50–60%.
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Golkunda Diamonds & Jewellery Ltd - 523676 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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GOLKUNDA DIAMONDS & JEWELLERY LIMITED
REGD. OFF: G-30, GEMS & JEWELLERY COMPLEX - III. SEEPZ, ANDHERI (EAST), MUMBAI - 400 096
INDIA. Tel: (91-22) 69524444 Email: admin@golkunda.com Web: www.golkunda.com
CIN No. L36912MH1990PLC058729
To, August 03, 2026
BSE Limited
Corporate Relationship Department,
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai-400001
Ref: Scrip Code- 523676
Sub: Submission of Press Release pertaining to New Manufacturing Facility and Business
Operations of the Company
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we hereby submit the Press Release pertaining to the New Manufacturing Facility and Business
Operations of the Company for your information and record.
We request you to kindly take the same on record and treat this submission as compliance with the
applicable provisions of the SEBI Listing Regulations
Thanking you.
Yours faithfully,
For Golkunda Diamonds & Jewellery Limited
KopalJain
Company Secretary & Compliance Officer
BSE | 523676
Golkunda Diamonds & Jewellery Ltd. Enters the Indian
Domestic Market with a New ₹12-Crore Manufacturing
Facility in Mumbai
Spanning 5,360 sq. ft. in Andheri East with an installed capacity of about ~125-150 kg per annum,
the new facility is expected to raise the Company’s overall manufacturing capacity by around 25–
30% and will produce diamond, gold, gemstone, jadau and lab-grown diamond jewellery for
leading retail chains and organised retailers across India.
Mumbai, 3rd August 2026 — Golkunda Diamonds & Jewellery Limited (BSE: 523676)
(“Golkunda” or “the Company”), a manufacturer and exporter of fine jewellery to leading
international retail chains, today announced the commencement of domestic
manufacturing operations at its new 5,360 sq. ft. facility at 9B, Mahal Industrial Estate,
Leader House, Mahakali Caves Road, Andheri East, Mumbai – 400093, with effect from 3rd
August 2026.
FACILITY AT A GLANCE
Total Project Cost Facility Area Installed Capacity
₹ 12.00 crore 5,360 sq. ft. ~125 - 150 kg p.a.
Capacity Uplift Location Operational From
~50% - 60% Andheri (E), Mumbai 03-Aug-26
The facility will manufacture and supply a comprehensive range of fine jewellery —
diamond, gold, gemstone, jadau and lab-grown diamond jewellery — spanning rings,
earrings, pendants, necklaces, bangles and bracelets, catering to leading retail chains and
organised jewellery retailers across major cities in India. It has an installed manufacturing
capacity of approximately ~125-150 kg of jewellery per annum and, upon commencement,
is expected to increase the Company’s overall manufacturing capacity by
approximately 50–60%.
Backed by over 40 years of
experience in manufacturing and
exporting fine jewellery, Golkunda
operates two export-oriented
manufacturing units at SEEPZ,
Mumbai, which have served
European and Gulf markets for the
past three decades and anchored
strong, enduring relationships with
renowned international retail chains.
In line with its long-term growth
strategy, the Company is
additionally exploring strategic partnerships, alliances and acquisition opportunities to
accelerate its entry into the business-to-consumer (B2C) retail business.
MANAGEMENT COMMENTARY
“For over forty years, our business has been shaped by the standards that leading retail
chains across Europe and the Middle East expect of us. The Indian consumer today
expects that same quality and consistency. Our new Mumbai facility allows us to bring
the full breadth of our craftsmanship — across diamond, gold, gemstone, jadau and lab-
grown jewellery — to organised retailers here at home, and to build a meaningful position
in the fast-growing lab-grown diamond segment. With our expansion funded and
underway, we also see a clear opportunity to move closer to the end consumer over
time, and we intend to pursue the right partnerships and alliances to get there.”
— Mr. Kantikumar Dadha, Chairman & Whole-time Director, Golkunda Diamonds &
Jewellery Ltd.
ABOUT GOLKUNDA DIAMONDS & JEWELLERY LIMITED
Incorporated in 1990 and listed on BSE Limited (Scrip Code: 523676) since 1992, Golkunda
Diamonds & Jewellery Limited is engaged in the manufacture and export of diamond-
studded gold and fine jewellery, with long-standing relationships with leading retail chains
across Europe and the Middle East. The Company’s product range spans diamond, gold,
gemstone, jadau and lab-grown diamond jewellery. With the commencement of
operations in August 2026, Golkunda has extended its manufacturing and supply
operations to the Indian domestic market from a 5,360 sq. ft. facility in Andheri East, Mumbai,
with an installed capacity of approximately 125-150 kg of jewellery per annum, serving
leading retail chains and organised jewellery retailers across major cities.
DISCLAIMER
Certain statements in this document that are not historical facts are forward looking
statements. Such forward-looking statements are subject to certain risks and uncertainties
like government actions, local, political or economic developments, technological risks, and
many other factors that could cause actual results to differ materially from those
contemplated by the relevant forward-looking statements. The Company will not be in any
way responsible for any action taken based on such statements and undertakes no
obligation to publicly update these forward-looking statements to reflect subsequent
events or circumstances.
CORPORATE COMMUNICATION ADVISORS
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