P N Gadgil Jewellers Opens 73rd Store in Pune Under FOCO Model

1 min read     Updated on 17 Mar 2026, 08:54 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

P N Gadgil Jewellers Opens New Store in Gorakhpur, Expands Network to 72 Outlets

1 min read     Updated on 15 Mar 2026, 08:18 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

P N Gadgil Jewellers Limited has opened a new store in Gorakhpur, Uttar Pradesh on March 15, 2026, located at MO-Shahpur, Arazi No. 10, Bhediyagarh. The store commenced operations at 07:00 P.M., bringing the company's total store count to 72 outlets. The expansion demonstrates the jewellery retailer's strategic focus on strengthening its retail network across different geographical markets in India.

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P N Gadgil Jewellers Limited has expanded its retail footprint with the opening of a new store in Gorakhpur, Uttar Pradesh on March 15, 2026. The jewellery retailer informed the stock exchanges about this development as part of its regulatory disclosure requirements.

Store Opening Details

The new outlet commenced operations on March 15, 2026 at 07:00 P.M., marking the company's entry into the Gorakhpur market. The store specifications are outlined below:

Parameter: Details
Location: MO-Shahpur, Arazi No. 10, Bhediyagarh
District: Gorakhpur
State: Uttar Pradesh
Pin Code: 273006
Opening Date: March 15, 2026
Opening Time: 07:00 P.M.

Network Expansion

With the addition of the Gorakhpur store, P N Gadgil Jewellers Limited has expanded its retail network to 72 stores. This expansion reflects the company's strategic approach to strengthen its presence across different geographical markets in India.

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 intimation was signed by Prakhar Gupta, Company Secretary & Compliance Officer, and communicated to both BSE Limited and National Stock Exchange of India Limited on the same day.

The opening of the Gorakhpur store represents P N Gadgil Jewellers Limited's continued commitment to expanding its retail presence and serving customers across various markets in the country.

Historical Stock Returns for PN Gadgil Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+5.73%+1.74%+1.69%-6.98%+8.78%-29.24%

More News on PN Gadgil Jewellers

1 Year Returns:+8.78%