Renaissance Global Ltd

Renaissance Global Ltd has announced the voting results of its 37th Annual General Meeting (AGM), held on September 18, 2026. The results, submitted as per SEBI (LODR) Regulations, 2015, cover e-voting and poll voting for resolutions including the adoption of financial statements and re-appointment of a director. All resolutions were passed with overwhelming support, with e-voting showing near-unanimous approval for most items.

Renaissance Global Limited has been awarded the IGJA 2024-25 in the Silver Jewellery category by the Gem & Jewellery Export Promotion Council (GJEPC) at the 52nd India Gem & Jewellery Awards. This recognition highlights the company's strong performance in the silver studded jewellery segment, a key part of its export business supplying markets in the US, UK, and other overseas regions. The award comes amidst a challenging global trade environment where India's gem and jewellery exports have remained steady. Renaissance Global, a global branded jewellery player, designs, manufactures, and supplies jewellery across the USA, Canada, UK & Asia, operating through both B2B and D2C models.

Renaissance Global Limited, through its step-down subsidiary Renaissance Jewellery Middle East FZCO, is making a strategic investment in Naman Trading FZC, a branded jewellery player in the Middle East. This investment marks Renaissance Global's entry into the branded jewellery market in the region. The company will also provide Naman Trading FZC with merchandising, design, and supply chain support to enhance its operations. The initial investment is for 20% equity, with an option to acquire the remaining stake later. The deal is valued at USD $220,000 per share and is expected to be completed within 24 months.

Renaissance Global Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, prepared in the format prescribed by Regulation 34(2)(f) and SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42, covers the company's activities for FY 2025-26 and adheres to the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). The disclosures are made on a standalone basis. The company's primary business activity is the manufacturing of jewellery, contributing 100% of its turnover. Exports accounted for 82% of the total turnover, serving a diverse customer base including department stores, independent designers, and wholesalers. The company operates 7 plants and 2 offices nationally, with no international operations.

Renaissance Global Ltd has submitted its Annual Report for the Financial Year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report has been filed electronically on the platforms specified by BSE Limited and National Stock Exchange Ltd. The annual report contains various sections including corporate information, RGL overview, financial highlights, management discussion and analysis, and detailed financial statements (standalone and consolidated). It also includes reports on corporate governance and business responsibility & sustainability.

Renaissance Global Ltd has announced September 11, 2026, as the record date for its 37th Annual General Meeting (AGM). The AGM is scheduled for September 18, 2026, and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company is also dispensing with the physical printing and dispatch of annual reports, sending them electronically to shareholders whose email addresses are registered by August 14, 2026. The register of members and share transfer books will be closed from September 11 to September 18, 2026, inclusive. E-voting will be open from September 14 to September 17, 2026.

Renaissance Global Ltd has announced that its 37th Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 3:30 PM. The meeting will be conducted entirely through Video Conferencing (VC) and other audio-visual means (OAVM), in line with exemptions provided by the Ministry of Corporate Affairs and SEBI. The company will transact business as outlined in the AGM notice, including the adoption of the audited financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director, and approval of increased management consultancy fees for a related party. The annual report and AGM notice will be sent electronically, and are also available on the company's and stock exchanges' websites. The Register of Members and Share Transfer Books will be closed from September 11 to September 18, 2026, for the AGM. E-voting will be open from September 14 to September 17, 2026.

Renaissance Global Limited reported a strong Q1 FY27 performance with revenue from operations increasing by 30.1% year-on-year to ₹689.8 crore. The company saw significant growth in its Owned Brands portfolio, with revenue up 28.8% to ₹88.5 crore and EBITDA up 46.6% to ₹10.1 crore. Overall EBITDA grew 21.7% to ₹49.7 crore, and Profit After Tax surged by 288.5% to ₹25.6 crore. The company highlighted the performance of its direct-to-consumer brands, Jean Dousset, With Clarity, and Enchanted Disney Fine Jewelry, and plans to expand its retail presence in the US. Renaissance Global aims for ₹1,000 crore in D2C revenue by FY29 with an operating margin of at least 15% from the segment.

Renaissance Global Ltd has announced the withdrawal of an application for re-classification of shareholders Mr. Bhupen C. Shah and Mrs. Pinky D. Shah from the 'Promoter Group' to the 'Public' category. This decision, made due to changes in strategic arrangements and investment horizons, means they will continue to be part of the Promoter Group. The company's Board of Directors accepted these withdrawal requests and will pursue the re-classification of Mr. Amit C. Shah to the 'Public' category. The original application for re-classification was filed on October 26, 2020, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Renaissance Global Limited (RGL) announced an internal corporate restructuring of its group companies, approved by the Board of Directors on August 7, 2026. The restructuring aims to simplify the global corporate footprint and optimize cross-border holding structures. Key transactions include the transfer of 19% Renaissance FMI Inc (USA) stock to Renaissance Global Brands Inc (RGBI) via share swap, additional investment in Renaissance Retail Limited (RRL) (India) by RGL, and the transfer of 100% Renaissance Global Brands Inc (RGBL) (USA) stock to RRL. Post-restructuring, RFMI, USA will be a wholly-owned subsidiary of RGBI, USA, which in turn will be a wholly-owned subsidiary of RRL, India. No direct benefit is expected for the promoter/promoter group.