PNGS Reva Diamond Jewellery Limited has announced a scheduled virtual meeting with Lakshya Capital AIF, informing both BSE and NSE about the upcoming investor interaction. The company made this disclosure on March 27, 2026, in compliance with regulatory requirements.

Meeting Details

The virtual meeting has been scheduled as a one-to-one interaction between the company's management and Lakshya Capital AIF. The meeting details are structured as follows:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant notifications and amendments. The company has specifically stated that no unpublished price sensitive information will be shared during the meeting, ensuring compliance with insider trading regulations.

Important Disclaimers

PNGS Reva Diamond Jewellery Limited has noted that changes to the scheduled meeting may occur due to exigencies on the part of investors, analysts, or the company itself. This flexibility clause provides necessary accommodation for unforeseen circumstances that might affect the meeting schedule.

Company Information

The disclosure was signed by Kirti Suryakant Vaidya, Company Secretary & Compliance Officer, who holds ICSI membership number A31430. The company, formerly known as Gadgil Metals & Commodities, operates under CIN U32111PN2024PLC236494 and is headquartered at Abhiruchi Mall, Wadgaon Budruk, Sinhagad Road, Pune.

PNGS Reva Diamond Jewellery witnessed significant promoter activity on March 25, 2026, with promoter Renu Govind Gadgil acquiring 7 lakh shares through a block deal transaction. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the transaction valued at ₹25.55 crore.

Transaction Details

The share acquisition represents a substantial investment by the promoter group, executed through the block deal mechanism on BSE. The following table summarizes the key transaction parameters:

Shareholding Pattern Changes

The acquisition resulted in a notable increase in the promoter's stake in the company. The shareholding changes demonstrate the promoter's enhanced commitment to the business:

Regulatory Compliance

The transaction was properly disclosed to both BSE Limited and National Stock Exchange of India Limited as required under SEBI regulations. The disclosure identified other Persons Acting in Concert (PAC) with the acquirer, including Govind Gadgil, Satyajit Gadgil, Parikshit Gadgil, and Jyoti Paranjape, ensuring complete transparency in the transaction.

The company's equity share capital remains unchanged at ₹31.69 crore, divided into 3,16,98,400 equity shares of ₹10 each. The acquisition was completed through proper regulatory channels with all required forms submitted under SEBI (Prohibition of Insider Trading) Regulations, 2015.

Market Implications

Promoter purchases typically signal strong confidence in the company's business prospects and future performance. The block deal mechanism used for this transaction ensures minimal market disruption while facilitating the large volume purchase, allowing the promoter to acquire a significant stake without causing excessive price volatility in regular trading sessions. The substantial investment of ₹25.55 crore demonstrates the promoter's commitment to increasing their stake in the jewelry company.