P N Gadgil Jewellers Limited Announcement of New Franchise Store Opening in Navi Mumbai

P N Gadgil Jewellers Limited has successfully inaugurated a new retail outlet in Navi Mumbai, Maharashtra, effective March 07, 2026. The store operates under the Franchise Owned, Company Operated (FOCO) model. This expansion, which commenced operations around 07:00 P.M. on the announcement date, brings the company’s total national footprint to 69 operational stores across its network.

Retail Network Expansion Update

P N Gadgil Jewellers Limited (PNGJL) has officially confirmed the opening of a new retail location, adding to its rapidly growing nationwide presence. The new outlet commenced operations today, March 07, 2026, at approximately 07:00 P.M.

Store Details and Model

The newly opened store is strategically located at Chhatrapati Shivaji Maharaj Chowk, Vashi – Turbhe Road, Navi Mumbai, Maharashtra – 400703. The company is deploying its preferred business strategy, operating this location under the Franchise Owned, Company Operated (‘FOCO’) Model, ensuring brand standards are maintained while expanding market reach efficiently.

Total Store Count Milestone

Following this latest addition, P N Gadgil Jewellers confirms that the total number of operational stores across its network now stands firmly at 69. This milestone reflects the company’s ongoing commitment to aggressive yet calculated physical growth within key markets.

Source: BSE

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