Golkunda Diamonds & Jewellery has incorporated a subsidiary company ‘Golkunda Retail India’ in the State of Maharashtra, effective August 28, 2026. The company has subscribed to 100% of the share capital of the said company and accordingly, the said entity has become a wholly owned subsidiary of the company.
The objective of incorporation is to strengthen the company’s presence in the Indian jewellery market, diversify revenue streams, reduce dependence on export markets and create long-term value for stakeholders through expansion of domestic jewellery manufacturing operations.
Golkunda Diamonds & Jewellery is engaged in manufacturing and Sale of Studded Jewellery & Diamonds.
