PNG Jewellers Announces Grand Festive Expansion with 10 New Stores and Shop-in-Shops for Navratri 2025
The launch of 10 new points of sale represents a substantial increase in the company's retail footprint, which is expected to drive higher sales, expand market reach, and enhance brand presence, leading to a significant business impact.
The company is undergoing a significant expansion by opening 10 new retail points (6 stores and 4 shop-in-shops) during a festive season, accompanied by promotional offers, indicating strong growth and market penetration.
P N Gadgil Jewellers Limited (PNGJL) is set for a significant expansion during Navratri 2025, launching 6 new standalone PNG Jewellers showrooms and 4 LiteStyle shop-in-shop counters within existing PNG stores. * This expansion aims to strengthen the brand's presence across Maharashtra and Central India. * New standalone showrooms will be launched in major cities including Wakad (Pune), Moshi (Pune), Kolhapur, Lucknow, Kanpur, and Dadar (Mumbai). * LiteStyle shop-in-shop counters will be introduced in Solapur, Nashik, Chhatrapati Sambhajinagar, and Nagpur. * To celebrate this campaign, PNG Jewellers is offering up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges at all new PNG showrooms. * Customers visiting the newly launched LiteStyle shop-in-shops can avail up to 50% off on LiteStyle jewellery making charges. * Dr. Saurabh Gadgil, Chairman and Managing Director, stated that launching in 10 locations this Navratri is a landmark achievement, reflecting the company's commitment to expanding accessibility while maintaining its values of purity, craftsmanship, and innovation. He also noted that LiteStyle shop-in-shops aim to create a vibrant touchpoint for younger customers, complementing legacy collections. * These launches are scheduled between 22nd September and 1st October 2025.
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P N Gadgil Jewellers Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by P N Gadgil Jewellers Limited. Read the original for the full detail.