P.N. Gadgil Jewellers Limited announced the re-appointment of Dr. Vaijayanti Pandit as an Independent Director for a second term, effective March 14, 2027, through March 13, 2029, and approved a new Employee Stock Option Plan authorizing up to 150,000 equity shares. The company also plans to invest up to USD 6.5 million, or its equivalent in Indian rupees, in its wholly-owned subsidiary, PNG Jewelers INC (USA), which retails jewelry in the United States and reported a turnover of Rs. 1046.06 million and a net worth of Rs. 77.54 million as of March 31, 2026. The investment, considered a related party transaction due to the involvement of Promoter Mr. Saurabh Gadgil, is intended to support business expansion in the U.S. and is expected to be completed on or before September 15, 2027.
