P N Gadgil Jewellers Limited has informed the Exchange regarding 'Store Opening'.
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P N Gadgil Jewellers has opened a new store on Sharanpur Road, Nashik, Maharashtra, on August 12, 2025. The store is being run under the Franchise Owned, Company Operated (FOCO) model, meaning the franchisee owns the store while the company manages operations. With this addition, the company's total store count has risen to 56. No financial details or revenue projections were shared in this filing.
The new store adds to the company's retail footprint and could support gradual revenue growth, but since it operates under a low-capital FOCO model, the immediate financial impact is likely small. Shareholders may view this as a positive sign of steady expansion.