P N Gadgil Jewellers gains on getting nod to raise funds up to Rs 1000 crore
The Board of Directors of the company at its meeting held on July 03, 2025 has approved the same

PN Gadgil Jewellers is currently trading at Rs. 600.15, up by 2.30 points or 0.38% from its previous closing of Rs. 597.85 on the BSE.
The scrip opened at Rs. 595.05 and has touched a high and low of Rs. 605.00 and Rs. 595.05 respectively. So far 7691 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 843.80 on 17-Sep-2024 and a 52 week low of Rs. 474.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 616.45 and Rs. 578.35 respectively. The current market cap of the company is Rs. 8126.89 crore.
The promoters holding in the company stood at 83.11%, while Institutions and Non-Institutions held 6.13% and 10.76% respectively.
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.