Promoter Group and Director Acquire Shares in PNGS Reva Diamond Jewellery Ltd
PNGS Reva Diamond Jewellery Limited, which was previously known as Gadgil Metals & Commodities, has seen acquisitions of equity shares by key stakeholders. On June 5, 2026, P. N. Gadgil & Sons Limited acquired shares, while Amit Yeshwant Modak also purchased stock in the company via the open market.The acquisition details reflect changes in shareholding for both transactions, with the total capital structure of PNGS Reva Diamond Jewellery Limited remaining Rs. 31,69,84,000/- divided into 3,16,98,400 equity shares of Rs. 10/- each across all transactions reported.
P. N. Gadgil & Sons Limited increases stake in PNGS Reva Diamond Jewellery Ltd
P. N. Gadgil & Sons Limited acquired equity shares in the company from the open market. The transaction involves Persons Acting in Concert (PAC) including Govind Gadgil, Renu Gadgil, and Anjali Gadgil, confirming the acquirer's status as a Promoter group.The acquisition results in a marginal increase in P. N. Gadgil & Sons Limited's stake.
| Metric | Before Acquisition | Acquisition Details | After Acquisition |
|---|---|---|---|
| Shares Carrying Voting Rights | 42,07,500 (13.27%) | Acquired: 1,60,000 (0.50%) | 43,67,500 (13.77%) |
The shares were acquired through the open market on June 5, 2026.
Amit Yeshwant Modak increases holdings in PNGS Reva Diamond Jewellery Ltd
Amit Yeshwant Modak also purchased equity shares of PNGS Reva Diamond Jewellery Limited from the open market. The acquisition was made by Mr. Modak, who is noted as a non-promoter, and includes Persons Acting in Concert (PAC) such as Sunita Modak, Aditya Modak, and Mugdha Modak.The details regarding this acquisition are as follows:
| Metric | Before Acquisition | Acquisition Details | After Acquisition |
|---|---|---|---|
| Shares Carrying Voting Rights | 6,50,500 (2.05%) | Acquired: 2,000 (0.006%) | 6,52,500 (2.056%) |
The purchase was executed in the open market on June 5, 2026.
PNGSREVA Stock Price Movement
On Friday, the stock of PNGS Reva Diamond Jewellery Limited shed 0.22%, settling at ₹381.35 after trading closed. The company saw a volume of 244,627 shares traded 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.
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