Goldiam International Limited has announced the signing of Letters of Intent (LOIs) for opening new retail stores across various locations in India as part of its retail expansion strategy. These proposed stores are expected to become operational subject to the execution of definitive agreements, receipt of statutory approvals, and completion of fit-out activities. The company plans to open 1 store in Delhi by December 31, 2025, followed by 1 store in Kolkata by January 30, 2026. In February 2026, 3 stores are planned for Bangalore, 1 for Udaipur, 1 for Jodhpur, 2 for Pune, and 1 for Chennai. In March 2026, 1 store is planned for Jodhpur and 2 for Pune, with an additional 1 store planned for Faridabad by March 26, 2026. By April 30, 2026, the company aims to open 4 stores in Gurgaon, 2 in Jaipur, 2 in Noida, and 1 in Ludhiana. This expansion aligns with the company's long-term strategy to increase its retail footprint and enhance customer engagement in key markets. The specific locations and full addresses of the stores will be disclosed upon commencement of operations. The company also noted that its Borivali store has closed due to building redevelopment and is evaluating relocation options.
