PN Gadgil Jewellers , a prominent name in the Indian jewelry market, has reached a significant milestone as its one-year shareholder lock-in period concluded on September 18. This development has made 85.7 million shares, representing 63% of the company's outstanding equity and valued at approximately ₹5,441.00 crore, eligible for trading.

Shareholding Structure and Public Shareholding Compliance

The expiration of the lock-in period brings attention to PN Gadgil Jewellers' current shareholding structure:

• Promoters hold a substantial 83.11% stake in the company
• Mutual funds account for 4.27% of the shareholding
• Approximately 1.9 lakh small retail shareholders own 9.5% of the company

The promoters' significant stake exceeds the 75% threshold set by the Securities and Exchange Board of India (SEBI) for Minimum Public Shareholding (MPS). As per regulations, PN Gadgil Jewellers now has a three-year window to increase its public shareholding to the required 25%.

Market Performance and Capitalization

PN Gadgil Jewellers has shown strong market performance since its initial public offering (IPO):

• Current market capitalization stands at ₹8,630.00 crore
• The stock is trading 31% above its IPO price of ₹480.00 per share

This appreciation in share price indicates positive investor sentiment towards the company since its market debut.

Implications of Lock-in Expiry

The end of the lock-in period could potentially impact the stock's trading dynamics:

1. Increased liquidity: With a significant portion of shares now eligible for trading, the stock's liquidity may improve.
2. Potential price volatility: The market might experience some fluctuations as previously locked-in shareholders get the opportunity to trade their holdings.
3. Investor attention: The unlock event could draw more investor attention to the stock, potentially influencing trading volumes.

As PN Gadgil Jewellers navigates this new phase, market participants will be keenly watching how the company manages its shareholding structure to comply with regulatory requirements while maintaining investor confidence in its growth story.

PN Gadgil Jewellers Limited (PNGJL), a prominent name in the Indian jewellery retail sector, has announced the opening of a new store in Indore, Madhya Pradesh, marking a significant expansion of its retail network.

New Store Details

The company officially inaugurated its latest outlet on August 23, 2025, at 6:30 PM. The new store is strategically located at Satguru Elite, M.G. Road, Indore, Madhya Pradesh. This expansion brings P N Gadgil Jewellers' total store count to 58 outlets across India.

Regulatory Disclosure

In compliance with regulatory requirements, P N Gadgil Jewellers Limited promptly informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) about this development. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Company Growth

The opening of this new store underscores P N Gadgil Jewellers' commitment to expanding its retail presence and reaching a wider customer base. With 58 stores now operational, the company continues to strengthen its position in the competitive Indian jewellery market.

About P N Gadgil Jewellers Limited

P N Gadgil Jewellers Limited, formerly known as P N Gadgil Jewellers Pvt. Ltd., is a well-established jewellery retailer headquartered in Pune, Maharashtra. The company is known for its wide range of traditional and contemporary jewellery designs. This store opening represents another step in P N Gadgil Jewellers' growth strategy, potentially enhancing its market presence in central India and contributing to its overall business expansion efforts.