Renaissance Global Ltd

Renaissance Global enters Middle East branded jewellery market 🌍

- Strategic investment in Naman Trading FZC (branded jewellery)

- Entry into Middle East branded jewellery market

- Naman's annual revenue run rate: Rs. 190 - 200 Crore

- Initial stake: 20% with option to acquire balance

- Cost: USD $ 220,000 per share, cash consideration

- Completion expected within 24 months

- Naman not a related party, no promoter interest