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.

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.