P N Gadgil Jewellers Limited opened a new retail outlet under its Legacy format in Gurugram on August 15, 2026. The store, located at R2, Ground Floor, M3M Route 65, Sector 65, spans 3,500 sq. ft. and operates as a company-owned, company-operated showroom. Actress Chitrangada Singh inaugurated the outlet at approximately 6:25 pm, alongside Dr. Saurabh Gadgil, Chairman and Managing Director. The launch marks the brand’s entry into the NCR region with a focus on gold, diamond, and silver jewellery.

The new opening increases the company’s total store count to 80. This brings the portfolio composition to 66 Legacy Stores and 14 YOOU Stores, reflecting a continued focus on its premium brand segment while maintaining its contemporary jewelry line.

Store Portfolio Breakdown

To mark the opening, the company announced introductory offers valid from August 15 to August 31, 2026. Customers can avail of up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges, subject to applicable terms and conditions. Dr. Gadgil stated that Gurugram is an important market for national expansion and that the new store responds to growing customer demand in the region.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Prakhar Gupta, Company Secretary & Compliance Officer, confirmed the intimation to the BSE and NSE.

P N Gadgil Jewellers Limited has expanded its retail portfolio by launching the first flagship store of its rebranded lightweight diamond jewellery brand, YOOU, at Amanora Mall in Pune, Maharashtra. The 1,445 sq. ft. outlet commenced operations on August 08, 2026, marking a strategic shift towards contemporary retail experiences designed for modern women. This expansion reinforces the company’s presence in key consumer hubs while diversifying its store mix between traditional Legacy Stores and the newer YOOU format.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Limited. Prakhar Gupta, Company Secretary & Compliance Officer, signed the filing on behalf of the management.

Store Portfolio Update

With the inauguration of the Amanora Mall outlet, P N Gadgil Jewellers’ total store count now stands at 79. The portfolio is split between its established Legacy Stores and the newer YOOU format.

The new location is situated on the First Floor of Amanora Mall, Pune, with the postal code 411028. This move aligns with the company’s broader strategy to increase accessibility through high-footfall mall locations.

Brand Positioning and Expansion

YOOU is positioned as a contemporary diamond jewellery brand offering lightweight designs in 9K, 14K, 18K, and 22K gold. The brand aims to blend modern aesthetics with PNG Jewellers' legacy of trust and craftsmanship, creating versatile jewellery for everyday wear rather than solely for special occasions. Dr. Saurabh Gadgil, Chairman and Managing Director, stated that the launch represents a new chapter in the company's journey, catering to consumers who seek jewellery that aligns with their everyday lives and individuality.

The Amanora launch marks the first step in YOOU's ambitious expansion strategy, with stores across the country gradually transitioning into the new identity. Backed by PNG Jewellers' heritage and an omnichannel approach, YOOU aims to redefine India's lightweight diamond jewellery segment through contemporary design and accessible luxury.

What the Numbers Show

The data indicates a continued shift toward the YOOU format, which now accounts for approximately 17.7% of the total store base. While the majority of the network remains rooted in the Legacy format, the steady addition of YOOU stores suggests a deliberate effort to cater to evolving consumer preferences for modern retail experiences. The concentration of these stores in major malls like Amanora highlights a focus on premium retail environments.