PNGS Reva Diamond Jewellery Limited has disclosed a substantial share acquisition by its promoter in compliance with SEBI regulations. The company received regulatory filing detailing an open market purchase made by key promoter Govind Vishwanath Gadgil on March 23, 2026.

Latest Promoter Share Acquisition

The latest acquisition involved the prominent promoter who increased his holdings through strategic open market purchase:

Updated Shareholding Pattern

Following this acquisition, the promoter witnessed an increase in his ownership percentage:

Govind Vishwanath Gadgil Holdings:

Company Capital Structure

PNGS Reva Diamond Jewellery Limited maintains a stable capital structure with no changes following this promoter acquisition:

Regulatory Compliance and Documentation

Govind Vishwanath Gadgil filed a comprehensive disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, formally communicating his acquisition of 12,755 equity shares through open market purchase. The disclosure was addressed to BSE Limited, National Stock Exchange of India Limited, and the company on March 23, 2026.

In his regulatory filing, Govind Vishwanath Gadgil identified his Persons Acting in Concert (PAC) as Renu Gadgil, Anjali Gadgil, Rohini Kalkundrikar, Satyajit Gadgil, and Parikshit Gadgil. The detailed disclosure confirmed his shareholding increased from 70,62,669 shares (22.29%) to 70,75,424 shares (22.33%) following the acquisition.

Transaction Details and Value

The acquisition was executed through the National Stock Exchange with specific transaction parameters:

The promoter's address is listed as 576, Shaniwar Peth, Opp. Kesari Wada, Pune – 411030, and the filing includes his PAN number AAYPG8523C and DIN 00616617. This acquisition demonstrates continued promoter confidence in the company's prospects while maintaining transparency with regulatory authorities and stakeholders through proper compliance with SEBI disclosure requirements.

PNGS Reva Diamond Jewellery Limited has reported exceptional sales performance during the Gudhi Padwa festival for FY 2025-2026, achieving a substantial revenue increase that underscores the company's strong market position in the diamond jewellery sector. The company's announcement to the stock exchanges highlights significant growth during this auspicious festival period.

Outstanding Festival Sales Performance

The company achieved remarkable revenue growth during Gudhi Padwa, with total sales reaching Rs. 73.004 million for FY 2025-2026. This represents a substantial increase from the previous year's Gudhi Padwa sales of Rs. 20.818 million for FY 2024-2025, marking a year-on-year growth of 2.51 times.

Significant Year-on-Year Growth

The company's performance during this year's Gudhi Padwa celebration demonstrates strong consumer demand for diamond jewellery during festive occasions. The revenue multiplication of 2.51 times indicates robust market acceptance and the company's ability to capitalize on seasonal demand patterns in the jewellery sector.

Corporate Communication

PNGS Reva Diamond Jewellery Limited formally communicated these results to both BSE Limited and the National Stock Exchange of India Limited on March 23, 2026. The announcement was signed by Kirti Suryakant Vaidya, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency with stakeholders.

Company Background

Formerly known as Gadgil Metals & Commodities, PNGS Reva Diamond Jewellery Limited operates in the diamond jewellery segment with its registered address at Abhiruchi Mall, Wadgaon Budruk, Sinhagad Road, Pune. The company maintains customer engagement through multiple channels including toll-free support and dedicated websites for its diamond jewellery offerings.