Goldiam says no pending announcements amid sharp rise in stock volumes

NOOR MOHMMED

    18/Jul/2025

  • Goldiam International denies any undisclosed material event behind recent surge in stock volume, in response to BSE query.

  • Company states all relevant information is shared publicly and no announcement is pending under SEBI Listing Regulations.

  • Goldiam attributes volume spike to general market movements and assures continued compliance with SEBI disclosure norms.

Mumbai, July 18, 2025 — Goldiam International Limited, a leading exporter in the jewellery sector, has responded to a query from the BSE Limited regarding the unusual increase in trading volume of its shares. The company confirmed that no undisclosed information or corporate development is pending and that the volume spike appears to be linked to general market movement.

In a formal letter to the Surveillance Department of BSE, the company cited Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, stating that it remains fully compliant with all disclosure norms.

“There is no pending information or announcement from the Company,” said Pankaj Parkhiya, Company Secretary & Compliance Officer, in the letter dated July 18, 2025.


SEBI surveillance and BSE query

The clarification came after BSE raised a surveillance alert (Ref. No. L/SURV/ONL/PV/AA/2025-2026/282) questioning the unusual rise in volumes of the company’s stock. Such queries are standard practice under SEBI’s proactive market surveillance framework to prevent misinformation-driven trading and ensure transparency.

Goldiam responded that all requisite information is made available in the public domain, including any developments that could impact operations, business performance or investor sentiment.


Company assures strict compliance with disclosure norms

Goldiam reiterated its commitment to regulatory compliance and transparency, stating:

“Our Company makes available all requisite information in the public domain from time to time… and will continue to promptly inform the exchanges of all material events/information/actions.”

This proactive response aims to assure investors and regulators that the company is not involved in any activity that could mislead the market.


About Goldiam International

Headquartered at the Gems & Jewellery Complex, SEEPZ, Andheri (East), Mumbai, Goldiam International Ltd is a leading player in the export of diamond-studded jewellery. The company is known for its ethical sourcing practices, integrated manufacturing, and growing presence in key global markets like the United States and Europe.

Goldiam is listed on BSE (Scrip Code: 526729) and regularly communicates key updates through its official investor relations email: investorrelations@goldiam.com and its website www.goldiam.com.


Conclusion: Routine trading activity, no red flags

The clarification indicates that the recent trading activity in Goldiam International's shares is not driven by any insider news or pending developments, but rather market-driven interest or sector rotation. Investors are advised to rely only on official channels and regulatory disclosures when interpreting price or volume movements.

Goldiam’s transparent response reinforces its position as a compliant and responsible listed entity in the Indian capital markets.


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