PNGS Gargi Fashion Jewellery Ltd — Important, 29-10-2025: Company Update

PNGS Gargi Fashion Jewellery Limited shared its fund utilization update for the quarter ending September 30, 2025. From Rs 41.96 Cr raised in August 2024 via preferential issue, Rs 35.55 Cr has been deployed for brand and store expansion, marketing, and inventory as intended. Separately, Rs 10.91 Cr raised in August 2025 for marketing and promotions remains unutilized as of quarter-end. The company reported no deviations in the intended use of funds, and the Audit Committee approved the report. This provides shareholders transparency on how capital from preferential issues is being managed or held.