P N Gadgil Jewellers Limited — Board Meeting, 03-07-2025: Outcome of Board Meeting

P N Gadgil Jewellers has announced a board meeting approving key leadership changes: Mr. Kiran Firodiya, Mrs. Radhika Gadgil, and Mr. Parag Gadgil are set to become Whole-time Directors for a three-year term starting August 19, pending shareholder approval. Mr. Purushottam Sharad Bedekar, a seasoned banking professional with over 40 years at SBI, has been appointed as an Additional Independent Director for five years, also subject to shareholder nod. The company is planning to raise up to ₹1000 Cr via equity shares or other securities through routes like QIP or preferential allotment, aiming to bolster growth and expansion.