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The Economic Times
The Economic Times
Debaroti Adhikary

Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check details

Diamond jewellery maker and exporter Goldiam International on Wednesday announced that its board of directors had considered and approved a 1:3 bonus issue for shareholders, along with its Q4 results.

In an exchange filing, Goldiam International said that the board approved the plan to issue one bonus share with a face value of Rs 2 each for every three shares of the same face value held in the company. The record date to determine the eligibility of shareholders set to receive the bonus shares will be announced later.

Goldiam International will issue nearly 4 crore shares amounting to Rs 7.53 crore as part of the bonus issue, using its capital redemption reserves (CRR), securities premium account, free reserves, or retained earnings available as of March 31, 2026. On that date, the company’s CRR stood at Rs 5.67 crore, while the securities premium account balance stood at Rs 196 crore and free reserves at Rs 311 crore.

The bonus shares will be credited by July 25 this year. The issue is, however, subject to shareholders' approval.

A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add the company’s shares to their portfolios.

Also read: LIC 1:1 bonus share explained

Notably, this is the first bonus issue announced by the diamond jewellery maker in around 21 years, according to data from Trendlyne.

Goldiam Q4 results

Goldiam reported a consolidated net profit of Rs 37 crore for the January-March quarter of FY26. This marks a 61% year-on-year (YoY) increase from the Rs 23 crore net profit reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations grew over 18% YoY to Rs 235 crore during the quarter under review.

The company said that it delivered a superior performance in FY26 despite US tariffs and volatile gold prices.

“In light of a very challenging year, rife with tariff uncertainties, gold volatility and geopolitical nervousness, I am grateful to our customers, suppliers and team members, with whose support we have been able to deliver our best-ever absolute financial performance. Goldiam's B2B strength in bridal continues to grow as we look forward to also testing high ASP core jewellery lines in categories such as bracelets and necklaces in the near future.

“At ORIGEM, we are excited to build upon a strong base of now 24 COCO stores, among the largest for an LGD jewellery brand in our country and certainly in the top three in store count overall,” said Anmol Bhansali, Managing Director of Goldiam International.

“As we expand, we are also focusing on sales enablers in-store and look forward to testing old gold exchange, payment schemes and VVS quality diamond lines to further drive sales and win customer trust in-store. One such example is the launch of India’s first 3D Ring Builder that is functional both in-store and online, allowing customers to live-visualise and create their dream ring with the help of our experienced sales teams. We look forward to bringing more such innovations in the future,” he added.

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times.)

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