- Business
- Goenka Diamond and Jewels Limited Goenka Diamond and Jewels Limited engages in the cutting, polishing and trading of diamonds, color stones, precious and semi-precious stones, as well as the manufacturing, retailing and trading of diamond and gold jewelry in India and internationally. The company operates through two primary segments, Diamond and Gems, which involves sourcing rough diamonds from suppliers in Hong Kong, the USA, Russia and the local Indian market for processing at its facilities including a special economic zone unit in Surat and a production unit in Mumbai, and Retail Jewellery, which encompasses the production and sale of diamond-studded jewelry under brands such as G WILD and CERES through exclusive retail stores; it supplies polished diamonds and finished jewelry primarily to wholesalers, jewelry manufacturers, traders and retailers in India, Hong Kong, South East Asia and the USA. Founded in 1990 by Nand Lal Goenka and headquartered in Mumbai, India, the company maintains manufacturing capabilities in Mumbai and Surat for both diamond processing and jewelry production, targeting wholesale and retail customers in the gems and jewelry sector. Recent developments include the approval of unaudited financial results for the quarter ended June 30, 2025 and the first quarter of fiscal 2025-26 at its board meeting on August 14, 2025, alongside an application for extension of its annual general meeting for fiscal 2024-25, as well as the release of financial results for the quarters and nine months ended December 31, 2024 and September 30, 2024, reflecting ongoing compliance and reporting activities amid a challenging sales environment.