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Goldiam International Ltd. - Intimation Of New Growth Initiatives Of The CompanyS Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015.

| Updated on: Jun 10, 2019

At the recently concluded JCK Las Vegas Jewelry Exhibition, the Company has introduced its first line of lab-grown diamond jewelry to current and potential new customers. We are among the first jewelry exporting companies to dive into manufacturing & distribution of the new age lab-grown diamond jewelry. Lab-grown diamonds are a new & highly disruptive product in the global diamond business. They are rapidly gaining appeal among US customers for the value they provide, being at least 50% cheaper than same quality mined diamonds. As the category is currently niche, but rapidly growing, there is potential to create a line of business that enjoys a higher margin than traditional mined-diamond jewelry manufacturing. Being on the forefront of accepting and adopting this technology, the Company has entered this space, through its core jewelry manufacturing & distributing business where we hope to champion this product to US Major Jewelry Retailers in the upcoming months. With a successful initial response, we are positive on our capability to deliver further value & superior product to our customers, as we actively look for further growth, through all available options,in this space.

Pdf Link: Goldiam International Ltd. - Intimation Of New Growth Initiatives Of The CompanyS Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015.

Source : BSE - www.bseindia.com

Published on June 10, 2019

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