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Gems- Jewellery And Watches
Quarterly Result8 Aug 2026, 04:01 pm

Golkunda Diamonds declares Q1 FY27 unaudited results, approves subsidiary

AI Summary

Golkunda Diamonds & Jewellery Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors also approved the incorporation of a Wholly Owned Subsidiary company in India, in which the company proposes to hold a full stake. The meeting, held on August 08, 2026, also saw the approval of the Unaudited Financial Results (UFR) for the period. Further details regarding the subsidiary will be disclosed upon its incorporation.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • Board approved incorporation of a Wholly Owned Subsidiary in India.
  • Company to subscribe to the full share capital of the proposed subsidiary.
  • New domestic manufacturing facility commenced operations in Andheri, Mumbai.
  • 12,40,000 Convertible Warrants allotted on preferential basis.