P N Gadgil Jewellers Limited — Others, 24-07-2025: Shareholders meeting
24-07-2025 | 12:34 pm
24-07-2025 | 12:34 pm
P N Gadgil Jewellers' 12th Annual General Meeting will address key strategic moves. Shareholders are asked to approve increasing the borrowing limit to 4,000 Cr and raising up to 1,000 Cr via a Qualified Institutional Placement. These funds will fuel future growth, new store expansion, and working capital. The agenda also includes adopting FY25 audited financial results and revising executive pay. Proposed remuneration for MD Mr. Saurabh Gadgil is 17 Cr annually plus 2% net profit. Other executives like Mr. Kiran Firodiya (5 Cr, 47.81 lakh excess pay waiver), Mrs. Radhika Gadgil (57.50 lakh), and Mr. Parag Gadgil (3 Cr) also see revisions.
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