Isha Mukesh Ambani attended the Oscars 2026 in a vintage Valentino couture gown drawn from the house’s Fall/Winter 2006–2007 collection. The strapless silhouette combines a structured black bodice with a champagne-toned skirt covered in densely worked floral embroidery.. Across the neckline, a smooth black band runs straight across the chest, creating a sharp frame for the strapless cut. From that line, the embroidery begins immediately, spreading across the bodice in clusters of raised flowers worked in shades of violet, rose, blue and pale yellow. The threadwork carries small beads and sequins that catch the light, giving the surface a dimensional quality rather than lying flat against the fabric.. Isha M. Ambani at the 98th Annual Oscars held at Dolby Theatre on March 15, 2026 in Hollywood, California. (Photo by JC Olivera/Penske Media via Getty Images)JC Olivera/Getty Images. The embroidery continues downward across the champagne base, thinning gradually as it moves into the skirt. Individual floral sprigs appear scattered across the lower half of the gown, allowing more of the satin ground to remain visible. Along the sides, deep black panels run the length of the dress, narrowing the silhouette and creating a strong vertical line that contrasts with the softness of the floral work.. Jamie Mizrahi styled the archival piece with pink and white diamonds from Lorraine Schwartz, including a black ribbon choker, matching earrings and rings. Her hair was worn half-up with the lengths falling straight down the back, while the makeup stayed understated with strong brows, warm-toned eyeshadow and a nude lip–don’t miss the pale pink manicure tying into the soft romance of the ensemble.. Beside her, Anand Piramal wore a tuxedo featuring a burgundy jacquard dinner jacket, black lapels and classic black trousers.. “The Valentino number flirts the fine line of romantic and period drama. The strapless silhouette really brings it to that contemporary red carpet space. Why not amp up the ethereal romance, with a chiffon translucent cape instead of the choker,” says Divya Balakrishnan, Vogue India fashion associate.