P N Gadgil Jewellers Ltd (PNGJL) — Board Meeting | 19 September 2026 (3 announcements)

PNGJL's board approved the PNG ESOP 2026 employee stock option plan, reappointed Dr. Vaijayanti Pandit as Independent Director for a second term, and authorized up to USD 6.5 million in additional investment in its US subsidiary PNG Jewelers Inc. The ESOP allows up to 115,000 shares, with vesting over four years. The subsidiary's financials show PAT margin of 8.11% and revenue of Rs 1,046 million in FY26.

PNGJL's board approved the PNG ESOP 2026 for up to 115,000 employee options, reappointed Dr. Vaijayanti Pandit for a second term, and cleared a postal ballot for these matters. The board also approved up to USD 6.5 million in fresh equity investment in its US subsidiary PNG Jewelers INC, which will be used for US expansion. The ESOP represents 0.078% of the company's share capital and requires shareholder approval. The investment maintains PNG Jewelers INC as a wholly owned subsidiary.

PNGJL's board approved an Employee Stock Option Plan 2026 for up to 115,000 shares, reappointed Dr. Vaijayanti Pandit as Independent Director for two years starting March 14, 2027, and authorized up to USD 6.5 million additional investment in its US subsidiary PNG Jewelers INC for expansion. The ESOP requires shareholder approval via postal ballot and will dilute equity by 0.078%.