Renaissance Global Ltd

IR Agency termination

• Renaissance Global Ltd terminated Investor Relations Agency Agreement with Merlin Capital Advisors, effective Oct 13, 2026.
• Termination by mutual consent; details disclosed in Annexure-I.
• Agreement executed on Feb 11, 2026; shareholding in Merlin Capital Advisors: Nil.
• No related party relationship or arm's-length concerns identified.
• Regulatory disclosure under Regulation 30 filed; Annexure-I detailing terms and termination.

Renaissance Global Ltd — Trading window closure for Insiders/Designated Persons from Oct 01, 2026 till Forty Eight (48) hours after the declaration of Unaudited Financial Results for quarter and half year ended September 30, 2026

Reclassification rejection

• Reclassification of Amit Shah from Promoter to Public rejected by BSE and NSE on Sept 23, 2026.
• Reason: related family trust holds 12.17% voting rights; promoter's relative trustees violate Regulation 31A conditions.
• The immediate relative of Amit Shah, Kalpana Shah, and her husband Niranjan Shah, are trustees of the trust.
• Application disposed; reclassification cannot be considered under Regulation 31A of LODR.
• Letters from exchanges dated Sept 23, 2026 attached as Annexure-1 and Annexure-2.
• No material financial impact disclosed; governance outcome is reclassification denial.
• Status quo maintained; promoter classification remains as is.
• Exchanges' letters indicate regulatory confirmation; no further approvals required at this stage.

Reclassification status

• Reclassification of promoter Amit Chandrakant Shah from Promoter to Public rejected by BSE/NSE.
• Rejection letters dated Sep 23, 2026; letters nos LIST/COMP/SJ/219/2026-27 and NSE/LIST/RGL/109/2026-2027.
• Relative Kalpana Shah and husband Niranjan Shah control Kothari Descendants Private Trust with 12.17% voting rights.
• Amit Shah does not satisfy Regulation 31A(3)(b)(i) & (ii) conditions.
• Therefore, the promoter reclassification application cannot be considered; disposed of accordingly.
• Annexure-1 and Annexure-2 attached; letters received from stock exchanges.
• No reclassification approved; promoter status remains unchanged for Amit Shah.
• Date of communications: September 23, 2026.

Capital / Securities

• Allotted 3,750 equity shares under RGL ESOP 2021 on exercised vested options.
• Shares fully paid-up and rank pari passu with existing shares.
• Paid-up capital increased to Rs 21,48,15,442; total shares to 10,74,07,721.
• Listing application filed with NSE and BSE for the new shares.
• Exercise price Rs 2 per share; premium Rs 108 per share.
• Allotment date: September 21, 2026.

AGM details

• Date and time: 18 September 2026 at 3:30 PM; mode: VC/OAVM.
• Remote e-voting conducted 14–17 September 2026.

Resolutions considered

• Resolution 1: Ordinary – adoption of financial statements and reports; approved.
• Resolution 2: Ordinary – re-appointment of Neville Tata as Director (retiring by rotation); approved.
• Resolution 3: Special – increase in remuneration and consultancy fee for Mr. Hitesh Shah; approved.
• Resolution 4: Ordinary – re-appointment of Neville Tata as Whole Time Director; approved.

Voting results

• Resolution 1 passed; 100% in favour of votes polled.
• Resolution 2 passed; 100% in favour of votes polled.
• Resolution 3 passed; minor opposition from public non-institutional voters.
• Resolution 4 passed; 100% in favour of votes polled.

Dividend

• No dividend proposed or declared.

Directors / key appointments

• Neville Tata re-appointed as Director (retiring by rotation).
• Neville Tata re-appointed as Whole Time Director.

Auditors

• No auditor changes disclosed.

Related party transactions

• No material related-party transactions disclosed.

Other material approvals

• Remuneration increase approved for Mr. Hitesh Shah.

AGM details

• AGM held Sept 18, 2026 at 3:30 PM via Video Conferencing/OAVM.
• Remote e-voting conducted Sep 14–17, 2026.
• Consolidated scrutinizer's report on e-voting submitted.

AGM Details

• AGM held on 18 September 2026 at 3:30 PM via VC/OAVM.
• Register of Members and share books closed 11–18 September 2026.

Ordinary Business

• Adopt audited financial statements for FY2026 and consolidated statements.
• Re-appoint Neville Tata as Director (retiring by rotation).

Special Business – Related Party

• Approve increased management consultancy fee to Hitesh Shah to ₹5,00,000 per month.
• Remuneration for Non-Executive Directors may exceed 50% of annual total for FY2026-27 (Special Resolution).
• Board authorized to implement the resolution.

Special Business – WTD Re-appointment

• Re-appoint Neville Tata as Whole-Time Director for 5 years, 1 Feb 2027 to 31 Jan 2032.
• Remuneration range: ₹12–20 Lakh per month; includes perquisites; no sitting fees.
• Terms may be altered within Schedule V; termination requires three months' notice.

Material Related Party Transactions

• RPT with Hitesh Shah; nature: management consultancy; value: up to ₹5 Lakh per month.

Voting and Results

• All resolutions passed with requisite majority; detailed results to Annexure I.

Award details

• Renaissance Global Limited named winner in Silver Jewellery at IGJA 2024-25.
• Award presented by GJEPC at the 52nd India Gem and Jewellery Awards, Mumbai.

Business context

• Silver studded jewellery contributes to Renaissance's export business to US, UK and overseas.
• In-house design and manufacturing supports branded jewellery portfolio.