Press Release

Date: August 15, 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 Subject: Intimation of Press Release Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Press Release titled “PNG Jewellers Enters NCR with New Store in Gurugram”. The intimation shall also be made available on the website of the Company at www.pngjewellers.com. You are requested to take this on your records. Thanking You, Yours Sincerely, For P N Gadgil Jewellers Limited Prakhar Gupta Company Secretary & Compliance Officer 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 PNG Jewellers Enters NCR with New Store in Gurugram Gurugram, August 15, 2026: PNG Jewellers, one of India's leading legacy jewellery brands, has strengthened its presence in the Delhi NCR region with the launch of a new company- owned, company-operated store in R2, Ground Floor, M3M Route 65, Sector -65, Gurugram, Haryana, on August 15, 2026. Spread across 3,500 sq. ft., the new showroom has been launched in response to growing customer demand and forms part of the brand's continued retail expansion across key markets. The store was inaugurated by actress Chitrangada Singh in the presence of Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, employees and well-wishers. The new showroom offers customers PNG Jewellers' comprehensive portfolio across gold, diamond and silver jewellery, bringing together all the brand's collections across categories, under one roof. The store has been designed to cater to the diverse jewellery requirements of customers in Gurugram, including everyday wear, festive purchases, weddings, gifting and milestone occasion purchases. Commenting on the launch, Chitrangada said, "PNG Jewellers brings with it a legacy built on trust, craftsmanship and an enduring understanding of what customers value. As the brand enters this new market, customers here will have the opportunity to experience that legacy first-hand through its thoughtfully designed jewellery and commitment to quality. I am delighted to welcome PNG Jewellers to the region and wish the team every success in this new chapter.” Gurugram is one of India’s most affluent and lifestyle-driven urban centres, with a strong concentration of multinational corporations, technology, consulting, finance and corporate services. Its high-income, globally exposed consumer base has developed a strong affinity for fashion, premium experiences and contemporary jewellery. To mark the opening, customers can avail of up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges from August 15 to August 31, 2026, subject to applicable terms and conditions. The introductory offers are intended to provide customers with added value while exploring the brand's extensive jewellery portfolio. “Gurugram is an important market in our national expansion journey, and the launch of our new store in Sector 65 is a direct response to the growing demand we have seen from customers in the region. With a comprehensive portfolio across gold, diamond and silver jewellery, this store will allow us to serve customers more closely while delivering the trust, craftsmanship and experience associated with PNG Jewellers. We look forward to becoming a part of the local community and building lasting relationships with PNG Jewellers’ distinctive designs, tailored to preferences of Gurugram’s discerning customers,” said Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers. The Gurugram launch further strengthens PNG Jewellers' retail network as the brand continues to expand into markets where customer demand for its products and services is growing. The company- owned, company-operated format enables PNG Jewellers to maintain consistency in its product assortment, customer experience and service standards while building a closer connection with local consumers. With its growing presence across India, PNG Jewellers continues to combine its longstanding heritage with contemporary designs and evolving retail formats, strengthening its accessibility to customers across established and emerging jewellery markets. About PNG Jewellers PNG Jewellers is one of the most reputed jewellers in the country, with over 194 years of excellence in creativity and trusted service for customers all over the world. Under the leadership of Dr. Saurabh Gadgil, a visionary entrepreneur, PNG Jewellers continues to evolve as a globally relevant brand while staying rooted in its heritage of purity, trust, and craftsmanship. -ENDS-