P N Gadgil Jewellers Limited has expanded its retail footprint with the opening of a new store in Kharghar, Navi Mumbai. The jewellery retailer announced the launch of its latest outlet on January 04, 2026, as part of its ongoing expansion strategy across Maharashtra.

Store Opening Details

The new store commenced operations at Shree Krishna Paradise, Kharghar, Navi Mumbai, Maharashtra with the pin code 410210. The formal opening ceremony was conducted on January 04, 2026, at approximately 05:30 P.M.

Retail Network Expansion

With the addition of the Kharghar outlet, P N Gadgil Jewellers Limited has expanded its total store count to 67 locations. This milestone represents the company's continued focus on strengthening its presence in the Maharashtra market and enhancing accessibility for customers across the region.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about the new store opening. This notification was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The formal communication was signed by Prakhar Gupta, Company Secretary and Compliance Officer, ensuring proper documentation and transparency with regulatory authorities and stakeholders.

P N Gadgil Jewellers has officially announced Sara Tendulkar as the brand ambassador for its contemporary jewellery brand "Litestyle by PNG" through a formal press release. The announcement marks a strategic partnership aimed at strengthening the brand's connection with India's future jewellery consumers and bridging the gap between traditional and modern shoppers.

Brand Ambassador Partnership Details

Sara Tendulkar's appointment reflects the brand's focus on connecting with younger demographics through her natural elegance, modern outlook, and strong digital presence. Her preference for clean silhouettes and minimal embellishment aligns with Litestyle's design philosophy of lightweight, contemporary fine jewellery.

Strategic Vision and Market Positioning

Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, emphasized that Litestyle represents a conscious long-term effort to bridge existing customers with future consumers. The brand has been designed as a modern retail format with strong omnichannel presence, focusing on everyday moments rather than only traditional occasions.

Sara Tendulkar commented on the association, stating that Litestyle reflects a sense of ease and individuality that feels natural to her, with jewellery designed for everyday life. As brand ambassador, she will feature in brand campaigns, participate in digital initiatives, media interactions, and attend key store launches while serving as a style muse for select collections.

Expansion Strategy and Business Development

Following encouraging response from pilot stores in Pune and Goa, Litestyle is set for structured expansion across key markets. The brand operates as a distinct business vertical under the PNG umbrella, targeting women who purchase jewellery beyond traditional occasions, including self-purchase, gifting, and everyday moments.

Product Portfolio and Market Approach

Litestyle by PNG offers contemporary lightweight fine jewellery designed in 14K, 18K, and 22K gold, focusing on minimalist pieces that combine style, comfort, and versatility. The brand follows an omnichannel approach integrating physical stores, digital platforms, and content-led engagement to cater to modern consumers who value design authenticity and ease of shopping.