Goldiam International Ltd has announced that the Company has signed Memorandum of Understanding (MoU) with Lifestyle International Pvt Ltd., for retailing of Silver Jewellery under the brand name "OLA" through its retail stores in the following eight locations:
1. Chennai
2. Hyderabad
3. Bangalore
4. Gurgaon
5. Delhi
6. Mumbai - Mulund
7. Mumbai - Phoenix Mill Compound
8. Mumbai - Malad
The retail outlets at all the 8 locations are expected to commence within 30 days.
With the above, Brand "OLA" will cross 50th retail outlet.