P N Gadgil Jewellers confirms no encumbrance on promoter shares in FY26

P N Gadgil Jewellers Limited confirmed on April 9, 2026, that none of its promoters or members of the promoter group have encumbered any shares held by them during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure remains free from pledged assets, a key indicator of financial stability for investors.

Saurabh Vidyadhar Gadgil, Promoter and Managing Director, submitted the declaration to BSE Limited and the National Stock Exchange of India Limited. The filing was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires periodic disclosures regarding any encumbrance on promoter shares to maintain transparency in the capital markets.

The confirmation covers the promoter and promoter group, along with persons acting in concert. The list includes 23 entities ranging from individual promoters to various trusts and private limited companies associated with the group.

Promoter and Promoter Group Details

The following table details the entities included in the disclosure:

Sr. No	Name(s) of the Promoter/ Promoter Group and/or Persons acting in concert	Category
1.	Mr. Saurabh Vidyadhar Gadgil	Promoter
2.	Mrs. Radhika Saurabh Gadgil	Promoter
3.	SVG Business Trust	Promoter
4.	Mrs. Vaishali Vidyadhar Gadgil	Promoter Group
5.	Mr. Aditya Saurabh Gadgil	Promoter Group
6.	Saurabh Vidyadhar Gadgil (HUF)	Promoter Group
7.	Mr. Yash Saurabh Gadgil	Promoter Group
8.	Mrs. Pallavi Nigavekar	Promoter Group
9.	Mr. Amit Vaidya	Promoter Group
10.	Mrs. Jayanti Vaidya	Promoter Group
11.	Mr. Jitendra Vaidya	Promoter Group
12.	SVG Family Trust	Promoter Group
13.	Think Pure Social Welfare Foundation	Promoter Group
14.	Gadgil Holdings Private Limited	Promoter Group
15.	Gadgil Developers Private Limited	Promoter Group
16.	Landscape Realty	Promoter Group
17.	P N Gadgil and Co. (Silver)	Promoter Group
18.	P N Gadgil Jewellers	Promoter Group
19.	Silvostyle Jewellery LLP	Promoter Group
20.	Gadgil Capital Services Private Limited	Promoter Group
21.	Say Overseas Private Limited	Promoter Group
22.	Seamless Education and Service Private Limited	Promoter Group
23.	Silvostyle Jewellers Limited	Promoter Group

The Audit Committee of P N Gadgil Jewellers has been marked as a copy recipient of the disclosure. The company requested the exchanges to place the information on record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.16%	+4.96%	+8.12%	-3.80%	-0.68%	-25.87%

The Chief Financial Officer of pn gadgil jewellers executed an open market purchase of 45,000 equity shares on June 18, marking a significant insider transaction for the company. Insider buying activity of this scale is typically viewed as a noteworthy development by market participants, as it reflects the perspective of a senior executive with direct knowledge of the company's operations and financial standing.

Transaction Details

The key details of the insider acquisition are outlined below:

Parameter:	Details
Acquirer:	CFO, P. N. Gadgil & Sons
Transaction Type:	Open Market Purchase
Number of Shares:	45,000 Equity Shares
Date of Transaction:	June 18

Significance of Insider Acquisition

Open market purchases by senior executives such as a Chief Financial Officer are closely monitored by investors and analysts. Unlike shares acquired through employee stock option plans or other structured schemes, open market purchases involve the executive deploying personal capital to acquire shares at prevailing market prices. The acquisition of 45,000 equity shares by the CFO of P. N. Gadgil & Sons represents a direct commitment of personal funds, making it a closely watched data point for stakeholders tracking insider activity at the company.