Renaissance Global Ltd
Renaissance Global Ltd Completes ₹163.49 Cr Fund Utilization as Planned 📊
- Fully utilized ₹163.49 Cr from RGL Preferential Issue 2024 by June 30, 2025
- Revised issue size from ₹168.74 Cr due to undersubscription
- Allocation breakdown: ₹26.63 Cr (business growth), ₹88.37 Cr (subsidiary investments), ₹15 Cr (fundraising expenses), ₹33.49 Cr (general corporate purposes)
- Crisil Ratings replaced India Ratings as Monitoring Agency for final quarter
- Funds used for acquisitions, capex, and investments in Verigold Jewellery FZCO & Jean Dousset Jewelry LLC
- Final Monitoring Agency Report confirms compliance with Offer Document