PNGS Gargi Fashion Jewellery Limited has announced the opening of a new exclusive brand store at Nexus MBD Neopolis Mall in Ludhiana, Punjab. The company informed the BSE about this retail expansion on March 02, 2026, in compliance with SEBI listing obligations.

Store Location and Details

The new exclusive brand store has been established at a strategic location within the popular shopping destination. The store details are as follows:

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by informing the stock exchange about this business development. The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Rules, 2015, which requires listed companies to disclose material events and corporate developments.

Company Background

PNGS Gargi Fashion Jewellery Limited operates in the fashion jewellery segment and has undergone several name changes in recent years. The company was formerly known as:

• PNGS Gargi Fashion Jewellery Private Limited (from 21/09/2022 to 01/11/2022)
• P. N. Gadgil & Sons Gargi Costume Jewellery Private Limited (from 22/09/2021 to 20/09/2022)

The company's registered office is located at Plot No.8A, Sr No.37/1 and 37/2, Opposite Maruti Service Centre, Sinhgad Road, Wadgaon Khurd, Pune, Maharashtra, 411041. The company operates under CIN L36100PN2009PLC133691 and trades on BSE under scrip code 543709 with the symbol GARGI.

Strategic Expansion

This new store opening in Ludhiana represents the company's expansion into the Punjab market, targeting customers in one of the state's major commercial centers. Nexus MBD Neopolis Mall provides a premium retail environment that aligns with the company's brand positioning in the fashion jewellery segment.

The company secretary and compliance officer, Hiranyamai Deshpande (ICSI M. No. A48576), signed the regulatory filing, ensuring proper corporate governance procedures were followed for this business announcement.

Source: None/Company/INE0NT601018/f8760192-6988-403c-953e-6730725b772c.pdf

PNGS Gargi Fashion Jewellery Limited has notified BSE Limited about its recognition as a Group Company in the Red Herring Prospectus filed by PNGS Reva Diamond Jewellery Limited. The intimation was made on February 11, 2026, in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Rules, 2015.

Group Company Classification Details

The classification of PNGS Gargi Fashion Jewellery Limited as a Group Company is based on the applicable provisions of multiple regulatory frameworks:

IPO Context and Implications

PNGS Reva Diamond Jewellery Limited is currently in the process of listing its equity shares on stock exchanges, and as part of this IPO process, PNGS Gargi Fashion Jewellery Limited has been identified and disclosed as a Group Company in the Red Herring Prospectus.

The company has emphasized that this regulatory intimation does not have any material impact on its operations or financial position. The disclosure serves purely as a compliance requirement under the applicable regulatory provisions.

Company Information

PNGS Gargi Fashion Jewellery Limited operates under BSE Scrip Code 543709 with the trading symbol GARGI. The company has undergone several name changes, previously known as PNGS Gargi Fashion Jewellery Private Limited and P. N. Gadgil & Sons Gargi Costume Jewellery Private Limited.

Regulatory Compliance

The intimation was signed by Director Govind Gadgil (DIN: 00616617) and submitted to BSE's Corporate Relationship Department. This disclosure demonstrates the company's commitment to maintaining transparency and adhering to regulatory requirements during related entity corporate actions.