PNGS Gargi Fashion Jewellery Ltd

PNGS Gargi Fashion Jewellery Ltd has announced that its Board of Directors will convene on July 31, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

PNGS Gargi Fashion Jewellery Ltd has announced the opening of its new exclusive brand store located at Zora the Mall, Raipur, Chhattisgarh. The store, situated on the Upper Ground Floor, Unit No. UG-44B, marks an expansion of the company's retail footprint. This development is in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Rules, 2015, and is intended to enhance customer accessibility and brand presence in the region.

PNGS Gargi Fashion Jewellery Ltd has announced the opening of its exclusive brand store at Lulu Mall, Rajajinagar, Bengaluru, effective July 18, 2026. This expansion is in line with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Rules, 2015. The new store is located at Lulu Mall, Old Ward No. 25, Mysore Deviation Road, Opp. Sujata Theatre, Gopalapura, Rajajinagar, Bengaluru, Karnataka- 560023. This move signifies the company's strategic growth and increased physical retail presence in a key metropolitan area.

PNGS Gargi Fashion Jewellery Limited reported a business update for Q1 FY27, highlighting a 11.61% year-on-year revenue growth to ₹3,048 Lakhs. This growth was attributed to increased consumer confidence and an expanding retail network. The company saw a significant 77.41% surge in revenue during Akshaya Tritiya, reaching ₹237 Lakhs compared to ₹133 Lakhs in the previous year. Gargi Fashion Jewellery is strategically shifting focus towards Exclusive Brand Outlets (EBOs), with EBO sales rising to ₹690 Lakhs in Q1FY27 from ₹241 Lakhs in Q1FY26, while reducing dependence on the Shop-in-Shop (SIS) channel. The company maintains a positive demand outlook, expecting further improvement in Q3 and Q4 FY27 due to the wedding and festive seasons, supported by persistent high gold prices driving consumers towards affordable, branded jewellery and organized retail.

PNGS Gargi Fashion Jewellery Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal policy. The trading window will be shut from July 01, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The date for the board meeting to approve these financial results will be communicated separately.

PNGS Gargi Fashion Jewellery Ltd has submitted its Annual Report for the Financial Year 2025-26 as per SEBI (LODR) Regulations, 2015. The report details the company's operations in Sterling Silver & Premium Fashion Jewellery. Key management personnel and directors are listed, including Chairman and Non-Executive Director Mr. Govind Vishwanath Gadgil and Non-Executive Director Mr. Amit Yeshwant Modak. The company operates under CIN-L36100PN2009PLC133691.

PNGS Gargi Fashion Jewellery Ltd has issued a notice for its 17th Annual General Meeting (AGM) to be held on Saturday, June 27, 2026, at 12:00 PM IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director retiring by rotation, and the re-appointment of M/s. Khandelwal Jain & Associates as Statutory Auditors for a further term of 5 years. Members eligible to vote are those whose names appear on the register as of May 29, 2026. Remote e-voting will be open from June 23 to June 26, 2026.

PNGS Gargi Fashion Jewellery Limited clarifies that the appeal from the Honourable Prime Minister of India has had no negative impact on the company's business operations. The company primarily deals in 92.5% certified sterling silver jewellery and pocket-friendly diamond jewellery in 14kt and 9kt gold, using a minimal amount of gold compared to 22/23kt gold jewellery. The company specifies that it does not sell pure gold coins or chips.

PNGS Gargi Fashion Jewellery Ltd. has filed a statement of deviation or variation under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended March 31, 2026, pertaining to the issue of equity shares on a preferential basis. The funds raised on August 26, 2025, amounting to ₹1091.25 Lakhs, were primarily allocated for marketing and promotional expenses. A total of ₹473.36 Lakhs has been utilized for this purpose. The audit committee has reviewed and approved the report, noting no significant deviations.

PNGS Gargi Fashion Jewellery Ltd. announced the approval of audited financial results for the quarter, half year, and year ended March 31, 2026, during a Board of Directors meeting held on May 06, 2026. The board also approved the re-appointment of M/s. Khandelwal Jain & Associates as Statutory Auditors, subject to member approval, for five consecutive years. The meeting commenced at 12:00 p.m. and concluded at 1:34 p.m.