PNGS Gargi Fashion Jewellery Recognized as Group Company in PNGS Reva Diamond's IPO Filing

1 min read     Updated on 11 Feb 2026, 07:49 PM
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Overview

PNGS Gargi Fashion Jewellery Limited has informed BSE about its recognition as a Group Company in PNGS Reva Diamond Jewellery Limited's Red Herring Prospectus for upcoming stock exchange listing. The classification follows Companies Act 2013, SEBI Regulations, and IND AS-24 standards. The company confirmed this regulatory disclosure has no material impact on its operations or financial position.

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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:

Classification Basis: Details
Regulatory Framework: Companies Act, 2013
SEBI Compliance: SEBI Regulations
Accounting Standard: Indian Accounting Standard (IND AS-24)
Related Entity: PNGS Reva Diamond Jewellery Limited
Process Stage: IPO listing preparation

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.

Historical Stock Returns for PNGS Gargi Fashion Jewellery

1 Day5 Days1 Month6 Months1 Year5 Years
-0.08%-2.66%-14.18%+2.74%-12.60%+1,403.76%
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PNGS Gargi Fashion Jewellery Limited Announces Resignation of Company Secretary Due to Relocation

1 min read     Updated on 09 Feb 2026, 10:16 PM
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Overview

PNGS Gargi Fashion Jewellery Limited announced the resignation of Mrs. Neha Dhirendra Boid as Company Secretary and Compliance Officer, effective February 07, 2026, due to relocation. The Board noted the resignation on February 09, 2026, with the company confirming no other material reasons for the departure and maintaining full regulatory compliance.

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PNGS Gargi Fashion Jewellery Limited has announced a key managerial personnel change with the resignation of its Company Secretary and Compliance Officer. The company informed BSE Limited about this corporate development in compliance with regulatory disclosure requirements.

Key Personnel Change Details

Mrs. Neha Dhirendra Boid has resigned from her position as Company Secretary and Compliance Officer of PNGS Gargi Fashion Jewellery Limited. The resignation became effective from the closing hours of February 07, 2026, with relocation cited as the primary reason for her departure.

Parameter: Details
Position: Company Secretary and Compliance Officer
Effective Date: February 07, 2026 (closing hours)
Reason: Relocation
Board Meeting Date: February 09, 2026
Membership Number: A54111

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015. The Board of Directors noted the resignation in their meeting held on February 09, 2026, ensuring proper corporate governance procedures were followed.

The resignation letter, dated January 23, 2026, was formally submitted to the Board of Directors, providing adequate notice period. Mrs. Boid expressed gratitude to the management for their support and cooperation during her tenure and extended best wishes to the company for its future endeavors.

Company Background

PNGS Gargi Fashion Jewellery Limited operates in the fashion jewellery sector and is listed on BSE with scrip code 543709 under the symbol GARGI. The company is registered in Pune, Maharashtra, and has undergone several name changes since its incorporation, reflecting its evolution in the costume jewellery market.

The company has confirmed that there are no other material reasons for the resignation beyond the relocation mentioned. This transparency aligns with regulatory requirements and maintains investor confidence during the transition period.

Historical Stock Returns for PNGS Gargi Fashion Jewellery

1 Day5 Days1 Month6 Months1 Year5 Years
-0.08%-2.66%-14.18%+2.74%-12.60%+1,403.76%
PNGS Gargi Fashion Jewellery
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View All News
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1 Year Returns:-12.60%