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Kalyan Jewellers Unveils Akshaya Thanga Maligai (ATM) As Its First Regional Brand; Sivakarthikeyan Named Brand Ambassador

First Showroom To Open At Panagal Park, T Nagar, Chennai On August 21; Company To Scale To 5 Stores In The State This Year.

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Kalyan Jewellers India Limited (NSE: KALYANKJIL, BSE: 543278) today unveiled the name, identity and go-to-market plan for its regional jewellery brand – Akshaya Thanga Maligai (ATM) – with Tamil Nadu as its market. The company had flagged its intent to enter the regional/mass jewellery segment as a distinct growth engine, alongside Kalyan and Candere, in earlier conversations; today’s announcement is the first time the brand’s name, positioning and launch market have been made public.

ATM will open its first showroom at Panagal Park, T Nagar, Chennai’s most prominent jewellery retail catchment, on August 21, 2026. A teaser campaign has already begun in the market, and the company has signed Tamil film actor Sivakarthikeyan as brand ambassador, a move aimed at building rapid recall for a new-to-market name in a category where trust and local affinity drive purchase decisions.

The launch expands KJIL’s addressable market by enabling the company to participate in customer segments that exhibit a strong preference for locally positioned jewellery brands, while complementing the existing Kalyan and Candere formats.

Unlike Kalyan’s pan-India format, ATM has been built ground-up for a single state. The company said inventory will be curated specifically for Tamil Nadu preferences with designs, weights and price points aligned to regional occasions and buying patterns, thus positioning ATM to compete directly with entrenched regional jewellery chains rather than Kalyan’s own store network. 

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited, said:

“Akshaya Thanga Maligai reflects our belief that regional markets offer significant long-term growth opportunities when approached with a truly local proposition. Tamil Nadu is one of India’s largest and most evolved jewellery markets, making it the natural choice for our first regional brand. By combining a distinctly Tamil identity with Kalyan Jewellers’ sourcing capabilities, quality standards and customer-first approach, we believe ATM is well positioned to build meaningful scale across the state through our franchise-led expansion model.”

The company intends to establish the concept in Tamil Nadu before evaluating similar regional formats in other markets.

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Dagina Maharashtra-Cha — Since 1832: PNGS Welcomes Ganeshotsav With Silver Rooted In Maharashtra’s Festive Heritage

From Silver Ganpati Idols, Puja Essentials, and Dedicated Silver Ornaments To Timeless Gold Heritage Jewellery, The Jewellery House Brings Maharashtra’s Craftsmanship and Festive Traditions Together This Ganeshotsav.

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As Maharashtra prepares to welcome Lord Ganesha, P. N. Gadgil & Sons (PNGS) continues its celebration of the state’s living heritage with ‘Dagina Maharashtra-cha — Since 1832’, bringing together jewellery, devotion, craftsmanship, and festive traditions that have been part of Maharashtrian homes for generations.

Following the brand’s recent tribute to the Wari through its ‘Dagina Maharashtra-cha’ initiative, PNGS now turns to one of Maharashtra’s most beloved celebrations, Ganeshotsav. The Ganeshotsav chapter forms part of the larger campaign, which seeks to celebrate Maharashtra’s cultural identity through the festivals, traditions, craftsmanship, and symbols that continue to shape the state’s heritage.

Through a curated selection of silver Ganpati idols, silver decorative ornaments, traditional Maharashtrian gold jewellery, and silver puja essentials, PNGS brings together the many ways in which precious metals have found a place in Maharashtra’s homes, celebrations, and rituals across generations.

A Ganpati Rooted in Silver

For generations, Ganeshotsav in Maharashtra has been about more than welcoming a deity into the home. It is a time when families come together, homes are prepared, traditions are revisited, and age-old rituals take centre stage.

Adding to this spirit, PNGS brings forth its collection of silver Ganpati idols alongside dedicated silver Ganpati ornaments and puja essentials, priced up to Rs 1.5 lakh. Crafted to reflect the reverence associated with the festival, each piece brings together the auspiciousness of Lord Ganesha with the enduring appeal of silver craftsmanship. From silver thalis, diyas, samais, and utensils to special silver decorative offerings for Bappa, these items are designed as keepsakes that can be brought out year after year and eventually passed down through generations.

Where Maharashtra’s Gold Jewellery Traditions Meet the Festive Season

The celebration extends beyond silver offerings, bringing the broader spirit of ‘Dagina Maharashtra-cha’ into the festive season with PNGS’s exquisite gold jewellery collection. Traditional Maharashtrian gold jewellery has long been an expression of identity, occasion, and heritage, with distinctive designs continuing to find relevance across generations.

As part of the Ganeshotsav offering, PNGS presents a premium selection of traditional Maharashtrian gold jewellery, with pieces starting Rs 3.8 lakh. Bringing together heritage-inspired designs and master craftsmanship, this collection features iconic gold pieces crafted for festive gatherings, family rituals, and grand celebrations.

Aditya Modak, COO & CFO, P. N. Gadgil & Sons said:

“Maharashtra’s festivals are deeply connected to its traditions, and jewellery has always been an important part of how those traditions are expressed and carried forward. With ‘Dagina Maharashtra-cha’, we want to celebrate these cultural moments not just as occasions on the calendar, but as stories that belong to every Maharashtrian family. After beginning with the Wari, Ganeshotsav is a natural continuation of that journey.

Through our silver Ganpati idols, silver ornaments, heritage gold jewellery, and puja essentials, we are bringing together the beauty of craftsmanship and the emotion of tradition, in a way that can become part of celebrations for generations.”

A Festive Journey Through Maharashtra

For PNGS, the Ganeshotsav collection marks another chapter in its larger ‘Dagina Maharashtra-cha — Since 1832’ narrative, which seeks to celebrate the state through its symbols, stories, festivals, and traditions.

Beginning with the Wari and now moving into Ganeshotsav, the campaign brings different facets of Maharashtra’s cultural heritage into focus throughout the year. The journey will continue through the festive calendar extending into Navratri, Diwali and beyond with each occasion offering an opportunity to explore another part of the state’s rich cultural fabric.

The Ganeshotsav collection is available across all PNGS stores, offering families an opportunity to bring a piece of Maharashtra’s festive heritage into their celebrations.

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