P N Gadgil Jewellers Limited has informed the Exchange regarding a press note dated September 26, 2025, titled "PNG Jewellers Introduces LiteStyle in Nashik, Blending Tradition and Everyday Elegance".
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P N Gadgil Jewellers has launched a new LiteStyle shop-in-shop counter at its existing store in Nashik on September 26, 2025. The LiteStyle range targets modern women looking for lightweight gold and diamond jewellery suitable for daily wear, blending traditional craftsmanship with contemporary design. The counter was inaugurated by actress Bhagyashri Limaye. As part of the launch, customers can avail up to 50% off on making charges for LiteStyle jewellery. This is part of PNG Jewellers' ongoing retail network expansion strategy.
This is a routine retail expansion announcement with no direct impact on financials. The Nashik LiteStyle launch supports the company's growth strategy by tapping into the lightweight everyday jewellery segment, but investors should not expect a material near-term impact on revenue or margins from this single store addition.