P N Gadgil Jewellers Limited
Mahindra Manulife Mutual Fund increased its stake in P N Gadgil Jewellers from 1.30% to 1.43%, acquiring 170,000 additional shares. The acquired shares are valued at approximately ₹11.72 crore based on the share price of ₹689.05.
A retail jeweller established in 1832, P.N. Gadgil Jewellers operates across gold, silver, and diamond jewellery segments throughout India. The company maintains a network of physical stores and serves customers seeking traditional and contemporary jewellery designs. Its heritage spanning nearly two centuries and established market presence distinguish it in India's competitive jewellery retail landscape, offering customers curated collections and personalized service.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.