MoneyWorks4Me

P N Gadgil Jewellers gets nod to acquire 100% stake in Silvostyle Jewellers

20 Aug 2026 Evaluate

P N Gadgil Jewellers has received approval for the acquisition of 100% stake in Silvostyle Jewellers by way of acquisition of 1,50,00,000 Equity Shares by way of fresh issue and acquisition from existing shareholders, in one or more tranches. Upon completion of the aforesaid acquisition, Silvostyle Jewellers would become a wholly-owned subsidiary of the Company.

Object of acquisition is to strengthen and consolidate the company’s jewellery business by integrating Silvostyle Jewellers into the PNG Group. The acquisition is expected to create operational synergies, broaden product offerings and strengthen the company’s market presence. The said acquisition is expected to be completed on or before December 31, 2026. The total consideration to be paid is Rs. 27.96 crore for acquisition of fresh as well as existing equity shares. The Board of Directors of the company at their meeting held on August 20, 2026 has considered and 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


PN Gadgil Jewellers Share Price

609.50 5.60 (0.93%)
20-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3961.00
Trent 2968.00
Vishal Mega Mart 102.60
Aditya Birla Life 86.62
PN Gadgil Jewellers 609.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: