Intimation of Allotment

Date: August 04, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, BKC, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544256 Symbol: PNGJL Dear Sir/Madam, Re: Qualified institutions placement (“QIP” or “Issue”) of equity shares of face value of ₹10 each (the “Equity Shares”) by P N Gadgil Jewellers Limited (the “Company”) Sub: Outcome of the meeting of the Executive Committee held on August 04, 2026 In furtherance to our earlier intimations dated July 30, 2026 and August 03, 2026, with respect to the Issue which opened on July 30, 2026 and closed on August 03, 2026, we wish to inform you that the Executive Committee of the Company at its meeting held today, i.e. August 04, 2026, approved the issue and allotment of 1,14,94,252 Equity Shares, to eligible QIBs at the issue price of ₹ 609.00 per Equity Share (including a premium of ₹ 599.00 per Equity Share, (which includes a discount of ₹31.69 i.e., 4.95 % of the floor price, as determined in terms of SEBI ICDR Regulations) aggregating to ₹ 7000 million (Rupees Seven Thousand Million only), pursuant to the QIP. Pursuant to the allotment of Equity Shares under the QIP, the paid-up equity share capital of the Company stands increased from ₹. 1,357.08 Millions consisting of 13,57,08,333 Equity Shares to ₹ 1,472.02 Millions consisting of 14,72,02,585 Equity Shares. The shareholding pattern of the Company before and after the Issue, will be submitted along with listing application in the format specified in Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Issue opened on July 30, 2026 and closed on August 03, 2026 and the same was intimated to you through our letters dated July 30, 2026 and August 03, 2026, respectively. Further find attached herewith the list of allottees who have been allotted more than 5% of the Equity Shares offered in the Issue, marked as Annexure A. The Executive Committee meeting commenced at 10:30 A.M. and the meeting was concluded at 11:05 A.M. P N Gadgil Jewellers Limited Registered Office.: PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road,Pune, - 411030. Maharashtra, India. Tel. No. +91 20 24435005 I Fax: +91 20 244305011 Toll Free no.: 1800 233 5005 (1 1 A.M. - 7 P.M.) I www.pngjewellers.com I info@pngadgil.com I CIN: L36912PN2013PLC149288 I INDIA I USA The information as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations Disclosure Requirements) Regulations, 2015, as amended, ("SEBI Listing Regulations") read with Schedule III Part A to the SEBI Listing Regulations and SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is as follows: Type of securities issued Equity Shares Type of issuance Qualified Institutions Placement Total number of securities issued 1,14,94,252 Equity Shares of face value of ₹10.00 each at an issue price of ₹609.00 per Equity Share (including a premium of ₹599.00 per Equity Share) Total amount for which securities ₹7000 Million issued We request you to take the above on record pursuant to compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Thanking You, Yours Sincerely, For P N Gadgil Jewellers Limited Prakhar Gupta Company Secretary & Compliance Officer Place: Pune P N Gadgil Jewellers Limited Registered Office.: PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road,Pune, - 411030. Maharashtra, India. Tel. No. +91 20 24435005 I Fax: +91 20 244305011 Toll Free no.: 1800 233 5005 (1 1 A.M. - 7 P.M.) I www.pngjewellers.com I info@pngadgil.com I CIN: L36912PN2013PLC149288 I INDIA I USA ANNEXURE A LIST OF ALLOTTEES WHO HAVE BEEN ALLOTTED MORE THAN 5 PER CENT OF THE EQUITY SHARES ISSUED IN THE QUALIFIED INSTITUTIONAL PLACEMENT Sr. Name of the No. of Equity PAN % of total Percentage Category No. Allottees Shares Clubbed Equity (PAN Allotted No of Shares Clubbed) (5 Shares offered in %) and the Issue above 1 BNP PARIBAS 10,67,325 - 9.29 - FOREIGN FINANCIAL PORTFOLIO MARKETS - INVESTOR ODI (CORPORATE) - CATEGORY I 2 MORGAN 6,56,815 - 5.71 - FOREIGN STANLEY ASIA PORTFOLIO SINGAPORE INVESTOR PTE - ODI (CORPORATE) - CATEGORY I 3 TATA AIG 17,79,640 - 15.48 - QIB - GENERAL INSURANCE INSURANCE COMPANIES COMPANY REGISTERED LIMITED WITH IRDA 4 FLC INVESTCO 9,85,222 - 8.57 - FOREIGN LLC PORTFOLIO INVESTOR (CORPORATE) - CATEGORY I 5 ASTORNE 8,21,019 - 7.14 - FOREIGN CAPITAL VCC PORTFOLIO ARVEN INVESTOR (CORPORATE) - CATEGORY I P N Gadgil Jewellers Limited Registered Office.: PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road,Pune, - 411030. Maharashtra, India. Tel. No. +91 20 24435005 I Fax: +91 20 244305011 Toll Free no.: 1800 233 5005 (1 1 A.M. - 7 P.M.) I www.pngjewellers.com I info@pngadgil.com I CIN: L36912PN2013PLC149288 I INDIA I USA Sr. Name of the No. of PAN % of total Percentage Category No. Allottees Equity Clubbed Equity (PAN Shares No of Shares Clubbed) (5 Allotted Shares offered in %) and the Issue above 6 BANDHAN 18,00,000 - 15.66 - MUTUAL SMALL CAP FUND - MF FUND Total 71,10,021 - 61.85 - - For P N Gadgil Jewellers Limited Prakhar Gupta Company Secretary & Compliance Officer Place : Pune P N Gadgil Jewellers Limited Registered Office.: PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road,Pune, - 411030. Maharashtra, India. Tel. No. +91 20 24435005 I Fax: +91 20 244305011 Toll Free no.: 1800 233 5005 (1 1 A.M. - 7 P.M.) I www.pngjewellers.com I info@pngadgil.com I CIN: L36912PN2013PLC149288 I INDIA I USA