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 Station Road, Kolhapur, Maharashtra, under the Franchise Owned, Company Operated (FOCO) model. The store was inaugurated on September 24, 2025, at around 1:15 PM. With this addition, the company's total store count has risen to 60. The expansion was disclosed to the exchanges under SEBI Listing Regulations. No financial details or revenue projections were shared in the filing.
This is a routine store expansion announcement with no direct material impact on financials. The FOCO model means lower capital outlay for the company, and reaching 60 stores signals steady network growth, which is mildly positive for long-term revenue potential.