P N Gadgil Jewellers Limited announced the inauguration of two new retail outlets on March 22, 2026. One store opened in Kolhapur, Maharashtra, and the second was launched in Ghatkopar East, Mumbai, under the Franchise Owned, Company Operated (‘FOCO’) model. Following these additions, the company’s total retail footprint across all formats now stands at 75 stores nationwide.
Expansion of Retail Footprint
P N Gadgil Jewellers Limited has formally notified exchanges regarding the expansion of its retail network. On March 22, 2026, the company successfully opened 2 new stores, further penetrating key Maharashtra markets. This strategic move is executed under the provisions governing timely corporate disclosures.
Details of New Store Locations
The two new retail locations operationalized on the announcement date are:
- A new outlet located in Kolhapur, Maharashtra (Shahupuri area), which commenced operations at approximately 06:50 P.M..
- A second store opened in Mumbai (Ghatkopar East), established under the ‘FOCO’ (Franchise Owned, Company Operated) model, starting operations around 07:05 P.M..
Total Store Count Update
With the successful integration of these 2 new locations, the total number of operational stores under the P N Gadgil Jewellers network has reached 75. The company continues to pursue an aggressive expansion strategy to enhance customer reach and market penetration across India.
Source: BSE
