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.

P N Gadgil Jewellers Limited has expanded its retail footprint with the opening of a new store in Navi Mumbai on March 07, 2026. The jewellery retailer informed stock exchanges about this strategic expansion as part of its ongoing growth initiatives.

Store Opening Details

The new outlet was inaugurated at Chhatrapati Shivaji Maharaj Chowk, Vashi-Turbhe Road, Navi Mumbai, Maharashtra - 400703, at 07:00 P.M. on March 07, 2026. The store operates under the company's Franchise Owned, Company Operated (FOCO) business model, which allows for strategic partnerships while maintaining operational control.

Network Expansion

With this latest addition, P N Gadgil Jewellers' total store count has reached 69 outlets. This expansion demonstrates the company's commitment to strengthening its presence in key markets across India. The FOCO model enables the jewellery retailer to leverage local partnerships while maintaining consistent brand standards and operational excellence.

Regulatory Compliance

The company notified both BSE Limited and National Stock Exchange of India Limited about the store opening in accordance with 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 stock exchanges.

Company Overview

P N Gadgil Jewellers Limited, formerly known as P N Gadgil Jewellers Pvt. Ltd., operates from its registered office at PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road, Pune - 411030, Maharashtra. The company has established itself as a prominent jewellery retailer with operations spanning India and the USA, maintaining its commitment to quality and customer service across all locations.