P N Gadgil & Sons Acquires Shares in PNGS Reva Diamond Jewellery Ltd from Open Market

P N Gadgil & Sons Acquires Shares in PNGS Reva Diamond Jewellery Ltd from Open Market

P N Gadgil & Sons Acquires Shares in PNGS Reva Diamond Jewellery Ltd from Open Market​

P N Gadgil & Sons Limited, through its Chief Financial Officer Aditya Amit Modak, has acquired 1,60,000 equity shares of PNGS Reva Diamond Jewellery Limited (PNGS) by purchasing them in the open market. This transaction brings P N Gadgil & Sons's holding to a new level, according to records provided on June 5, 2026.

The acquisition was executed through the open market by the company. The details of P N Gadgil & Sons Limited and its associated Persons Acting in Concert (PAC), including Govind Gadgil, Renu Gadgil, and Anjali Gadgil, as shareholders in PNGS, were reported for this transaction.

Shareholding Details and Transaction Summary​

The acquisition significantly altered the share structure of PNGS Reva Diamond Jewellery Ltd. The following table details the holding percentages and quantities before and after P N Gadgil & Sons' purchase:

DetailBefore AcquisitionAcquisition DetailsAfter Acquisition
Shares Carrying Voting Rights42,07,500 (13.27%)1,60,000 shares acquired43,67,500 (13.77%)
Mode of AcquisitionN/AOpen marketN/A

Financial and Capital Structure Post-Acquisition​

Before the purchase, PNGS Reva Diamond Jewellery Limited had an equity share capital and total voting capital of Rs. 31,69,84,000, divided into 3,16,98,400 equity shares of Rs. 10/- each.

Following the acquisition, the company’s structure maintained a total voting capital of Rs. 31,69,84,000, also divided into 3,16,98,400 equity shares of Rs. 10/- each. P N Gadgil & Sons Limited maintains its status as a promoter group in the company.

PNGSREVA Stock Price Movement​

On Friday, PNGS Reva Diamond Jewellery Limited's shares slipped by 0.22% in trading, concluding at ₹381.35. The stock saw a total traded volume of 244,627 shares during the session.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top