PNGS Gargi Fashion Jewellery Limited has announced the opening of its new exclusive brand store at Tapadia City Centre in Amravati on April 26, 2026. The company informed BSE Limited about this retail expansion under Regulation 30 of SEBI (LODR) Regulations, 2015.

Store Location and Details

The new exclusive brand store is strategically positioned to serve customers in the Amravati region. The store details are outlined below:

Regulatory Compliance

PNGS Gargi Fashion Jewellery Limited has fulfilled its disclosure obligations by informing the stock exchange about this material development. The company submitted the intimation to BSE Limited's Corporate Relationship Department, referencing BSE Scrip Code 543709 and Symbol GARGI.

Company Background

PNGS Gargi Fashion Jewellery Limited operates under CIN L36100PN2009PLC133691 and has undergone several name changes in recent years. The company's registered office is located at Plot No.8A, Sr No.37/1 and 37/2, Opposite Maruti Service Centre, Sinhgad Road, Wadgaon Khurd, Pune, Maharashtra, 411041.

Business Operations

The company maintains its digital presence through multiple platforms and provides comprehensive customer support. Key contact information includes:

• Websites: www.gargibypng.com and www.gargi.shop
• Email: info@gargibypng.com
• Phone: +91 020 2991 1980 / 81 / 82
• Fax: 020 2991 1982

This new store opening in Amravati represents the company's continued expansion in the fashion jewellery retail segment, strengthening its presence across Maharashtra.

PNGS Gargi Fashion Jewellery Limited has delivered exceptional financial performance during the Akshaya Tritiya festival period, reporting substantial revenue growth that underscores the company's strong market positioning and operational effectiveness. The company's official sales update filed under Regulation 30 reveals impressive growth metrics and expanding retail presence.

Strong Revenue Performance

The company achieved remarkable revenue growth during the Akshaya Tritiya period, with total revenue reaching ₹236.82 lakhs compared to ₹133.49 lakhs in the previous year. This represents a significant year-on-year increase of 77.41%, demonstrating robust operational performance and strong customer response during one of India's most auspicious periods for jewellery purchases.

Channel Performance and Revenue Mix

The company's diversified retail strategy has proven effective, with Shop-in-Shop stores contributing significantly to overall performance. The revenue channel mix for Akshaya Tritiya sales shows a balanced approach to market penetration.

The Shop-in-Shop model, operating on a FOFO (Franchise Owned Franchise Operated) basis, has emerged as the dominant revenue contributor, accounting for over three-quarters of Akshaya Tritiya sales.

Expanding Retail Footprint

PNGS Gargi Fashion Jewellery Limited has established a substantial retail presence across India, reflecting its commitment to market expansion and accessibility. The company's current retail network demonstrates significant geographic diversification.

Market Position and Growth Strategy

The substantial revenue growth during Akshaya Tritiya reflects the company's successful positioning in the fashion jewellery segment. Backed by the P N Gadgil & Sons Group's 190-year heritage in the jewellery industry, the company has leveraged traditional expertise with modern retail strategies.

The company's diversified product portfolio includes 925 sterling silver jewellery, 14KT natural diamond jewellery, newly introduced 9KT plain gold jewellery, and other fashion jewellery items. This comprehensive offering has enabled the company to capture varied customer preferences and price points.

The strong performance during this auspicious period indicates effective inventory management, strategic store placement, and successful marketing initiatives that resonate with Indian cultural preferences and shopping patterns.

Source: None/Company/INE0NT601018/7cb59e15-e7ff-4be7-8923-20e6f9fa24f8.pdf