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 at Ranade Road, Dadar (West), Mumbai on September 30, 2025. With this addition, the company's total store count now stands at 63. The disclosure was made under SEBI's Listing Regulations, 2015. This is part of the company's ongoing retail expansion strategy.
Expanding the store network to 63 outlets is a positive sign of growth and market reach, particularly entry into the key Mumbai market. However, this is a routine expansion update with no immediate material impact on earnings unless execution and same-store sales support the new outlet.