PNGS Reva Diamond Jewellery Opens Jaipur Store; EBO Count Rises to 5

Key Takeaways

• PNGS Reva Diamond Jewellery opened a new exclusive brand outlet at Pacific Mall in Jaipur, Rajasthan, on October 11, 2026. 
• The opening increased the company's exclusive brand outlet network to five stores, according to its October 12 stock exchange filing. 
• The company also operates 34 shop-in-shop stores with P. N. Gadgil & Sons Limited, taking its disclosed retail network to 39 locations. 

PNGS Reva Diamond Jewellery Limited has expanded its retail presence with the opening of an exclusive brand outlet in Jaipur, Rajasthan, on October 11, 2026.

The company informed the BSE and National Stock Exchange on October 12 that the new store is located at Pacific Mall in the Mansarovar area of Jaipur.

With the addition, PNGS Reva now operates five exclusive brand outlets (EBOs) and 34 shop-in-shop (SIS) stores in association with P. N. Gadgil & Sons Limited.

The company's disclosed retail network consequently stands at 39 locations across these two formats.

PNGS Reva Opens New Exclusive Brand Store in Jaipur

The newly opened store is situated on the ground floor of Pacific Mall, VT Road, Sector 5, Mansarovar, Jaipur.

According to the regulatory announcement, the outlet commenced operations on October 11, a day before the company submitted the disclosure to the stock exchanges.

The company did not provide details regarding the store's floor area, investment expenditure, expected revenue contribution or staffing requirements.

It also did not disclose whether the Jaipur outlet replaces an existing retail location or represents an entirely new market entry for the brand.

The announcement specifically confirms the opening of an additional exclusive brand outlet and the company's updated store count.

Exclusive Brand Outlet Network Reaches Five Stores

Following the Jaipur opening, PNGS Reva's retail presence comprises two formats.

Exclusive brand outlets operate as dedicated retail locations for a particular brand. They differ from shop-in-shop formats, where a brand operates a designated retail space within another retailer's premises.

PNGS Reva's 34 SIS stores operate in association with P. N. Gadgil & Sons Limited, according to the filing.

The company's reported retail footprint remains predominantly concentrated in the shop-in-shop format, which accounts for approximately 87.2% of the 39 disclosed locations.

Exclusive brand stores account for the remaining 12.8%.

These percentages are calculated from the store counts provided by the company and do not represent the respective formats' contributions to revenue or profitability.

Retail Expansion Adds Another Dedicated Outlet

The Jaipur opening increases PNGS Reva's number of standalone branded outlets.

The two retail formats provide different distribution arrangements. Under the SIS model, the company maintains a presence through a retail partner, while exclusive brand outlets give the brand dedicated premises for its operations.

The latest opening changes the company's physical retail footprint, although the financial contribution of the new outlet has not been disclosed.

The stock exchange announcement does not include sales projections, capital expenditure figures or a timeline for further store openings.

It would therefore be premature to quantify the financial impact of the Jaipur location based on the opening announcement alone.

Company Discloses Store Opening Under SEBI Regulations

PNGS Reva Diamond Jewellery submitted the announcement under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The filing was signed by Company Secretary and Compliance Officer Kirti Vaidya and dated October 12, 2026.

The disclosure confirms that the Jaipur outlet is operational and establishes the company's latest reported store count.

Any measurable contribution from the new store to consolidated sales or earnings would need to be assessed through subsequent financial disclosures.