Acquisition

Renaissance Global LimitedRGL · Filed with the exchange

Renaissance Global Limited has announced a board meeting to approve an additional investment of up to Rs. 29 Crore in its wholly-owned subsidiary, RD2C Ventures Inc. This investment aims to support RD2C's operational needs, including debt repayment.

Following the investment, Renaissance Global will continue to hold 100% of RD2C, maintaining strategic control to enhance its position in the jewelry market, particularly in direct-to-consumer sales.

The completion of this investment is expected by March 31, 2025.

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