P N Gadgil Jewellers Limited has expanded its retail footprint with the opening of a new store in Maharashtra. The jewellery retailer announced the launch of its latest outlet at Sawantwadi, Sindhudurg district on March 14, 2026.

Store Opening Details

The new store commenced operations at Panchami Heights, Sawantwadi, Sindhudurg, Maharashtra - 416510 on March 14, 2026 at around 05:20 P.M. This outlet operates under the company's Franchise Owned, Company Operated (FOCO) business model.

Expansion Milestone

With the addition of this new store, P N Gadgil Jewellers Limited has reached a significant milestone in its retail expansion. The company's total store count now stands at 71 outlets across its network.

Regulatory Compliance

The company has informed both BSE Limited and National Stock Exchange of India Limited about this store opening in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Prakhar Gupta, Company Secretary & Compliance Officer.

This expansion demonstrates the company's continued focus on strengthening its retail presence in Maharashtra and expanding its geographical reach through the FOCO model.

P N Gadgil Jewellers Limited has expanded its retail footprint with the opening of a new store in Navi Mumbai. The jewellery retailer announced the launch of its latest outlet at Grand Uran Central on March 13, 2026, marking another step in its ongoing expansion strategy. The 4,500 sq. ft store was inaugurated by renowned actress and brand ambassador Madhuri Dixit.

Store Opening Details

The new store commenced operations on March 13, 2026, at Grand Uran Central, Anand Nagar, Uran, Navi Mumbai. The inauguration was led by Madhuri Dixit, strengthening the brand's association with beauty and grace.

Special Launch Offers

To celebrate the opening, PNG Jewellers has announced attractive inaugural offers for customers. The promotional campaign includes significant discounts on making charges across different jewellery categories.

Network Expansion and Collections

With this new addition, P N Gadgil Jewellers Limited has expanded its retail network to 70 stores. The Uran store will showcase the brand's signature collections including Pratha, Katha, Polmi, Eiina, Saptam, and Ashirvaad that combine traditional artistry with contemporary design.

Leadership Comments

Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, commented on the launch: "We have received consistent interest and requests from customers in and around Uran who have long associated with the brand and wished to have a PNG Jewellers store closer to them. This expansion is a response to that growing demand and our desire to serve these customers more directly."

Madhuri Dixit, actress and brand ambassador, added: "For nearly two centuries, the brand has stood as an epitome of trust, craftsmanship, and timeless elegance for jewellery lovers across generations. It is wonderful to see this legacy now reaching the people of Uran."

Regulatory Compliance

The company has duly informed both major stock exchanges about this development. The announcement was made to BSE Limited (Scrip Code: 544256) and National Stock Exchange of India Limited (Symbol: PNGJL) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Prakhar Gupta signed the official communication to the exchanges.