The company has subscribed to 10,000 equity shares of Renaissance Retail, with a face value of Rs 10 each, totaling Rs 1 Lakh. The company has incorporated Renaissance Retail to carry on the business of Jewellery Retail through online e-commerce jewellery websites as well as through offline jewellery stores having own retail jewellery Brands in India and/or overseas. It will design, manufacture, buy, sell, market, import, export, and distribute jewellery, ornaments, artifacts, antiques, idols, and other products made of gold, silver, platinum, brass, copper, or other metals, including those studded with natural or lab-grown diamonds, and precious, semi-precious, or non-precious stones. The company will also engage in value-added activities within the jewellery industry. Renaissance Global is a global branded jewellery player. The company designs, manufactures, and supplies branded jewellery across key high-potential markets in USA, Canada, UK & Asia. The company's consolidated net profit declined 12.9% to Rs 24.32 crore in Q3 FY25 as compared with Rs 27.93 crore in Q3 FY24. Net sales increased 8.3% YoY to Rs 710.15 crore during the quarter ended 31st December 2024. The counter fell 0.70% to settle at Rs 127.85 on Friday, 28 February 2025.Powered by Capital Market - Live

Net profit of Renaissance Global declined 12.93% to Rs 24.32 crore in the quarter ended December 2024 as against Rs 27.93 crore during the previous quarter ended December 2023. Sales rose 8.34% to Rs 710.15 crore in the quarter ended December 2024 as against Rs 655.48 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales710.15655.48 8 OPM %7.187.86 - PBDT39.2339.84 -2 PBT31.9732.35 -1 NP24.3227.93 -13 Powered by Capital Market - Live

Renaissance Global has revised the meeting of the Board of Directors which was scheduled to be held on 12 February 2025. The meeting will now be held on 13 February 2025.Powered by Capital Market - Live

Renaissance Global announced a significant order valued at USD 1.56 million (Rs 13.70 crore) for supply of 63,250 pieces of fast-moving lab-grown diamond fashion jewellery from the largest U.S.-based retailer. The order highlights RGL's growing strength in the lab-grown diamond jewellery category, particularly in the fashion jewellery segment, which is characterized by accessible designs, quick turnover, and wide consumer appeal. Designed for top-of-the-counter displays, these pieces combine cutting-edge trends with affordability and sustainability, aligning with the evolving preferences of modern consumers.Powered by Capital Market - Live

Renaissance Global will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

Renaissance Global has allotted 50,000 equity shares under ESOP on 22 January 2025. Consequently, the paid up equity share capital has increased to Rs. 21,44,60,942 comprising of 10,72,30,471 equity shares of Rs.2/- each fully paid-up. Powered by Capital Market - Live

Renaissance Global announced the successful capital raise of Rs 1,63,49,30,850 through a preferential allotment of 1,08,99,539 equity shares at Rs 150 per share. This fundraise strengthens RGL's balance sheet and positions the company to capitalize on growth opportunities across its global operations. The proceeds from this preferential issue will play a pivotal role in supporting RGL's growth strategy. The capital will be channeled into core business areas, including investments in new manufacturing units, asset refurbishment, and enhancements to operational capabilities. Additionally, these funds will empower the company to pursue inorganic growth opportunities, such as strategic acquisitions and joint ventures, to accelerate expansion in the foreseeable future. Furthermore, the proceeds will address general corporate purposes, ensuring the seamless execution of RGL's transformative growth initiativesPowered by Capital Market - Live

Net profit of Renaissance Global rose 5.88% to Rs 11.17 crore in the quarter ended September 2024 as against Rs 10.55 crore during the previous quarter ended September 2023. Sales declined 6.87% to Rs 411.60 crore in the quarter ended September 2024 as against Rs 441.94 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales411.60441.94 -7 OPM %28.646.89 - PBDT105.6519.80 434 PBT98.2612.15 709 NP11.1710.55 6 Powered by Capital Market - Live

Renaissance Global will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

Renaissance Global will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live