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Golkunda Diamonds & Jewellery Limited has incorporated a wholly owned subsidiary, Golkunda Retail India Private Limited, in the State of Maharashtra, with an initial subscribed capital of Rs 25,00,000, according to a filing with the BSE Limited on August 31, 2026. The company subscribed to 100% of the subsidiary’s share capital, and the incorporation aims to strengthen Golkunda Diamonds & Jewellery Limited’s presence in the Indian jewellery market, diversify revenue streams, and expand domestic manufacturing operations. Two directors of Golkunda Diamonds & Jewellery Limited, Mr. Arvind Kanti Kumar Dadha and Mr. Ashish Kantikumar Dadha, have been appointed as directors of the new entity.

Golkunda Diamonds & Jewellery Limited has incorporated a wholly owned subsidiary, Golkunda Retail India Private Limited, in the State of Maharashtra, effective August 28, 2026, subscribing to 100% of its share capital, which amounts to Rs 25 lakh. The company stated the incorporation is intended to strengthen its presence in the Indian jewellery market, diversify revenue streams, and create long-term value for stakeholders through expansion of domestic jewellery manufacturing operations, while Arvind Kanti Kumar Dadha and Ashish Kantikumar Dadha have been appointed as directors of the new entity.

Golkunda Diamonds & Jewellery Limited announced that its shareholders approved the reappointment of Shashi Ashok Bekal as a Non-Executive & Independent Director for a term of 5 years, effective June 21, 2026, and Kantikumar Dadha as Chairman and whole time Director for a further period of 3 years, effective October 1, 2026. Additionally, the company’s shareholders re-appointed Arvind Dadha as Managing Director and Ashish Dadha as Whole Time Director Cum CFO, both for three-year terms effective October 1, 2026 and April 1, 2027, respectively, as disclosed in a regulatory filing on August 21, 2026.

Net profit of Golkunda Diamonds & Jewellery rose 63.69% to Rs 5.14 crore in the quarter ended June 2026 as against Rs 3.14 crore during the previous quarter ended June 2025. Sales rose 22.71% to Rs 85.21 crore in the quarter ended June 2026 as against Rs 69.44 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales85.2169.44 23 OPM %9.937.10 - PBDT7.194.48 60 PBT6.874.20 64 NP5.143.14 64 Powered by Capital Market - Live News

Golkunda Diamonds & Jewellery will hold a meeting of the Board of Directors of the Company on 8 August 2026.