PN Gadgil Jewellers Limited has expanded its retail footprint with the opening of a new store in Pune. The jewellery retailer inaugurated its latest outlet at Ideal Landmark Complex in Viman Nagar, Pune, at 6:00 PM, further strengthening its presence in the Maharashtra market.

Store Expansion Details

The new store opening represents a significant step in the company's ongoing retail expansion strategy. The outlet is strategically located in Viman Nagar, one of Pune's prominent commercial and residential areas, positioning the brand to serve a broader customer base in the region.

Network Growth

With the addition of this new outlet, PN Gadgil Jewellers Limited's retail network has expanded to 66 stores nationwide. This milestone reflects the company's commitment to increasing its physical presence and accessibility to customers across different markets.

Regulatory Compliance

The company has informed the BSE Limited and National Stock Exchange of India Limited about this store opening in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing ensures transparency and keeps stakeholders informed about material developments in the company's business operations.

The store opening announcement was signed by Prakhar Gupta, Company Secretary and Compliance Officer, maintaining proper corporate governance standards in the disclosure process.

PN Gadgil Jewellers has announced the resignation of its Whole-time Director and Chief Financial Officer Kiran Prakash Firodiya, effective from the closure of business hours on January 23, 2026. The resignation was submitted due to personal reasons, as communicated to the BSE and NSE on December 18, 2025.

Key Details of the Resignation

The resignation details highlight Firodiya's significant contribution to the company during his tenure:

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Secretary and Compliance Officer Prakhar Gupta signed the regulatory filing, ensuring all necessary documentation was submitted to the stock exchanges.

Leadership Transition

In his resignation letter, Firodiya expressed gratitude to the Board of Directors for their guidance and support throughout his association with the company. He described his tenure as "a rewarding and enriching experience" and thanked the management and colleagues for their cooperation.

The resignation letter was accepted by Dr. Sayrabl Gadgil, Chairman and Managing Director of PN Gadgil Jewellers. The company has indicated that it is actively working on appointing a new Chief Financial Officer in accordance with applicable laws and regulations.

Next Steps

PN Gadgil Jewellers is currently in the process of identifying and appointing a suitable replacement for the CFO position. The company has assured stakeholders that all necessary regulatory filings will be completed with the Registrar of Companies, stock exchanges, and other relevant authorities to formalize the resignation process.