P N Gadgil Jewellers Limited has informed the Exchange regarding a press release dated September 24, 2025, titled "PNG Jewellers Enters Kolhapur with Grand Navratri Launch, Celebrating Culture, Prosperity, and Progress".
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PNG Jewellers has opened its first store in Kolhapur, located on Station Road, as part of its expansion across Maharashtra. The store was inaugurated during Navratri with Bollywood actress Raveena Tandon, and offers gold, diamond, silver, and platinum jewellery along with bridal collections. As an opening offer, customers can get up to 50% off on gold making charges and up to 100% off on diamond making charges, valid from September 22 to October 26, 2025. The company, with over 193 years of legacy, continues to strengthen its retail presence in Maharashtra under the leadership of Dr. Saurabh Gadgil.
This is a positive retail expansion move that broadens PNG Jewellers' reach in a culturally significant Maharashtra city, potentially supporting future revenue growth, though no specific financial figures or guidance have been provided.