P N Gadgil Jewellers Limited has informed the Exchange regarding a press release dated September 29, 2025, titled "LiteStyle by PNG Jewellers Arrives in Nagpur, Offering Modern Jewellery for Everyday Living".
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P N Gadgil Jewellers has launched a new 'LiteStyle' shop-in-shop counter within its existing Nagpur store on September 29, 2025. LiteStyle is a sub-brand focused on lightweight, everyday jewellery aimed at working women and younger customers, complementing the company's traditional offerings. Actress Sai Tamhankar was present at the launch event as a brand endorser. As a festive-season promotion, the company is offering up to 50% off on making charges for LiteStyle jewellery. The filing is a routine disclosure under SEBI Listing Regulations, made available on the company's website.
This is a minor brand-extension initiative within an existing store rather than a new outlet, so the financial impact is likely small. It signals PNG Jewellers' effort to attract younger and daily-wear customers, which may support gradual footfall and revenue growth but is not a material event for the stock.