P N Gadgil Jewellers Approves QIP with Floor Price of ₹640.69

P N Gadgil Jewellers Ltd's Executive Committee has approved a Qualified Institutional Placement (QIP) with a floor price of ₹640.69 per equity share. This decision follows approvals from the Board of Directors on July 3, 2025, and shareholders at the AGM on August 18, 2025. The preliminary placement document has been adopted, and the issue is authorized to open on July 30, 2026, inviting bids from eligible qualified institutional buyers. The company may offer a discount of up to 5% on the floor price. The 'Relevant Date' for the QIP is fixed as July 30, 2026.