The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the contract does not fall under related-party transactions.

Goldiam International is an integrated manufacturer and exporter of fine diamond jewellery, supplying leading retailers and wholesalers primarily in the US. The company recently made a foray into India retail for lab grown diamond jewellery under the brand name ORIGEM.

On a consolidated basis, the company's net profit stood at Rs 68.4 crore in Q3 FY26, up 37% YoY from Rs 49.8 crore in Q3 FY25. Revenue increased 18% YoY to Rs 339.7 crore in Q3 FY26, compared with Rs 288 crore in the year-ago quarter.

The counter slipped 3.41% to Rs 420.95 on the BSE.