PN Gadgil Jewellers Closes ₹700 Crore QIP At ₹609 Per Share

PNG Jewellers closed its QIP, allocating 1,14,94,252 equity shares to qualified institutional buyers at ₹609 per share, including a 4.95% discount to the floor price, raising approximately ₹700 crore. Context: resolves the previously pending QIP funding decision.