P N Gadgil Jewellers Opens 73rd Store in Pune Under FOCO Model
P N Gadgil Jewellers Limited opened its 73rd store at Supercon Residency, Shirine Garden, Aundh, Pune on March 17, 2026, at 06:00 P.M. The new outlet operates under the Franchise Owned, Company Operated (FOCO) model, representing the company's continued retail expansion strategy. The opening was announced in compliance with SEBI regulations, demonstrating the jeweller's commitment to transparency and regulatory adherence.

*this image is generated using AI for illustrative purposes only.
P N Gadgil Jewellers Limited has announced the opening of its newest retail outlet in Pune, Maharashtra, marking another milestone in the company's expansion strategy. The store commenced operations on March 17, 2026, adding to the jeweller's growing network across the region.
Store Launch Details
The new outlet is strategically located at Supercon Residency, Shirine Garden, Aundh, Pune, Maharashtra – 411007. The store was officially opened at 06:00 P.M. on March 17, 2026, following the company's established operational protocols.
| Parameter: | Details |
|---|---|
| Location: | Supercon Residency, Shirine Garden, Aundh |
| City: | Pune, Maharashtra |
| PIN Code: | 411007 |
| Opening Date: | March 17, 2026 |
| Opening Time: | 06:00 P.M. |
| Business Model: | Franchise Owned, Company Operated (FOCO) |
Business Model and Operations
The Pune store operates under the Franchise Owned, Company Operated (FOCO) model, which represents the company's strategic approach to retail expansion. This model allows for controlled growth while maintaining operational standards and brand consistency across all locations.
Network Expansion
With the addition of the Aundh outlet, P N Gadgil Jewellers Limited has expanded its total store count to 73 locations. This expansion reflects the company's commitment to increasing its retail presence and accessibility for customers across key markets.
| Milestone: | Count |
|---|---|
| Previous Store Count: | 72 |
| New Store Count: | 73 |
| Net Addition: | 1 |
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made through proper channels to both BSE Limited and National Stock Exchange of India Limited, ensuring transparency with stakeholders and regulatory authorities.
Historical Stock Returns for PN Gadgil Jewellers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.73% | +1.74% | +1.69% | -6.98% | +8.78% | -29.24% |
How many additional stores does P N Gadgil Jewellers plan to open in FY2027, and what will be the geographic focus of this expansion?
Will the company continue with the FOCO model for future expansions, or are there plans to explore other business models like company-owned stores?
What impact is this store expansion expected to have on P N Gadgil's revenue and market share in Maharashtra's jewelry retail sector?


































