P N Gadgil Jewellers Limited has announced Bollywood actor Ranbir Kapoor as its new brand ambassador, marking a strategic move to strengthen its national presence and amplify its legacy across Indian markets. The announcement was made through a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Strategic Partnership Details

The association with Ranbir Kapoor will commence in January 2026, positioning the actor alongside the existing brand face to enhance PNG Jewellers' visibility nationally. The partnership focuses on reinforcing trust and amplifying the brand's legacy through endorsements, advocacy, and brand-led initiatives.

Company Leadership Perspective

Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, emphasized the strategic alignment of this partnership. He highlighted that Ranbir Kapoor represents the perfect balance of heritage and modern aspiration, mirroring how PNG Jewellers has evolved over decades while staying true to its roots. According to Dr. Gadgil, this partnership extends beyond visibility to encompass shared values and a common vision for the future.

Brand Ambassador's Vision

Ranbir Kapoor expressed his alignment with PNG Jewellers' values, stating that the brand's legacy built on trust and enduring values resonates with him personally. He described the association as natural, emphasizing his pride in joining a brand that respects tradition while embracing the future.

Company Heritage and Market Position

PNG Jewellers, founded in 1832, represents one of India's most revered jewellery houses with a 193-year legacy of excellence in creativity and trusted customer service. The company has evolved from its Maharashtra origins to expand confidently across India and beyond, maintaining its position as a symbol of enduring trust and timeless elegance.

Strategic Impact and Future Outlook

This collaboration represents a significant milestone in PNG Jewellers' long-term growth strategy, particularly in national retail expansion. While no specific collection launch is tied to this partnership, the association signals the brand's commitment to connecting tradition with contemporary India. The partnership aims to create powerful connections across age demographics, leveraging Ranbir Kapoor's massive fan base among Hindi movie enthusiasts to fuel the brand's visibility across markets.

P N Gadgil Jewellers has set an ambitious target to reach 78-80 stores by the end of the current fiscal year, marking a significant milestone in the company's retail expansion strategy. This updated target reflects the jewellery retailer's accelerated growth plans and commitment to strengthening its market presence across key locations.

Revised Expansion Timeline

The company has updated its expansion strategy with a comprehensive target for the fiscal year end. This represents an evolution from the previously announced plan of opening 12-14 new stores specifically during Q4 FY26.

Growth Strategy Overview

The revised store count target demonstrates P N Gadgil Jewellers' confidence in market opportunities and its ability to execute rapid expansion plans. By aiming for 78-80 stores by fiscal year end, the company is positioning itself for enhanced market coverage and improved customer accessibility.

This expansion initiative aligns with the company's broader objective of capturing greater market share in the competitive jewellery retail sector. The updated target suggests a more comprehensive approach to growth, moving beyond the initial quarterly expansion plan to encompass a full fiscal year strategy.