P N Gadgil Jewellers has received approval for the proposal of raising of funds by way of issuance of equity shares or any other eligible securities or any combination thereof (Securities), by way of qualified institutions placement(s), preferential allotment or private placement(s) and/or any combination thereof or any other method as may be permitted under applicable laws, and on such terms and conditions as may be considered appropriate by the Board in its absolute discretion under applicable laws, for an aggregate amount of up to Rs 1000 crore, in one or more tranches and/or one or more issuances, subject to the receipt of necessary approvals including approval of the Shareholders of the Company and other regulatory / statutory approvals, as may be required, in this regard. The Board of Directors of the company at its meeting held on July 03, 2025 has approved the same.
P N Gadgil Jewellers offers a wide range of precious metal/ jewellery products, including gold, silver, platinum and diamond jewellery under its brand name 'PNG' in various price ranges and designs.
