PNG Jewellers expands National Footprint, Celebrates Lucknow's Cultural Legacy with Maiden Store Launch

Expanding its national footprint, PNG Jewellers, Maharashtra's leading organised family jeweller with a legacy of 193 years, embarked on a new retail journey by launching its first store in Uttar Pradesh, in the city of Lucknow, on 27th September.

Located at Gomati Nagar in Lucknow, the brand-new, large-format store celebrates the legacy of one of India's oldest family jewellers in the capital of Uttar Pradesh. The store presents PNG's complete range of jewellery, including gold, diamonds, silver, and platinum, including the popular Golden Katha, Pratha, Eiina, and Saptam collections, bringing in designs that strike a balance between timeless tradition, contemporary elegance, and match the tastes of the new customer segment in the city. On this festive occasion, customers can avail a flat 50% off on gold jewellery making charges, flat 100% off on diamond jewellery making charges, and 0% deduction on gold exchange.

Lucknow, known as the "City of Nawabs," has always been synonymous with culture, grace, and artistry. From its royal heritage, literature, and performing arts to its intricate chikankari craft, the city is a symbol of timeless sophistication. PNG Jewellers' entry into Lucknow represents not just an expansion but a cultural resonance, where jewellery becomes a part of the city's living legacy.

Inaugurating the maiden store of PNG Jewellers in Lucknow, Bollywood superstar Sushmita Sen said, "Lucknow has always been a city of heritage and grace, and PNG Jewellers fits beautifully into its spirit with jewellery that tells stories of culture and craftsmanship. This is the brand's first showroom in the city and the state, and I wish PNG Jewellers a brilliant journey ahead."

Speaking about the launch, Dr. Saurabh Gadgil said, "Our entry into Uttar Pradesh has been meticulously strategised, as we recognise the cultural richness of Lucknow and the similarities in values that bind its people to our philosophy. Uttar Pradesh forms an important cornerstone of PNG Jewellers' customer community of tomorrow. Just as Lucknow has preserved its glorious traditions while embracing modernity, PNG too carries forward its unmatched heritage with a contemporary design sensibility. This store represents not only our growth but also our commitment to becoming part of the city's cultural and social fabric."

With this launch, PNG Jewellers strengthens its presence beyond Maharashtra, continuing its Navratri expansion with large and small-format stores opening across Maharashtra and Uttar Pradesh.

Shares of P N Gadgil Jewellers Limited was last trading in BSE at Rs. 594.00 as compared to the previous close of Rs. 602.75. The total number of shares traded during the day was 6218 in over 549 trades.

The stock hit an intraday high of Rs. 612.00 and intraday low of 589.55. The net turnover during the day was Rs. 3691593.00.

Source : Equity Bulls

Keywords

INE953R01016 PNGadgilJewellers Jewellery Gems PNGJL NewStore Lucknow UP