P N Gadgil Jewellers Limited has informed the Exchange regarding 'Intimation of Store Opening'.
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P N Gadgil Jewellers has opened a new store at Chhatrapati Shivaji Maharaj Chowk, Vashi-Turbhe Road, Navi Mumbai, Maharashtra, on March 7, 2026. The store operates under the Franchise Owned, Company Operated (FOCO) model. With this addition, the company's total store count has increased to 69. The announcement is made under SEBI Listing Regulations disclosure requirements. No financial details such as investment amount or expected revenue from the store were disclosed.
The new store expansion supports the company's retail growth strategy and could gradually add to revenue, though no immediate financial impact is indicated. The FOCO model limits capital expenditure for the company, making the expansion relatively low-risk for shareholders.