| <p>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, alongside the approval of a new Employee Stock Option Plan authorizing up to 150,000 equity shares. The company also approved an investment of up to USD 6.5 million (or equivalent in Indian rupees) in its wholly-owned subsidiary, PNG Jewelers INC (USA), a retail jewelry business incorporated in 2007 with a turnover of Rs. 1046.06 million as of March 31, 2026. The investment, intended to support business expansion and general corporate purposes, will be completed on or before September 15, 2027, and is being conducted at arm’s length, requiring no regulatory approvals.</p> |