NSEAcquisition14h ago · 1 Sept 2026, 06:58 pm
Acquisition
Renaissance Global Limited · RGL
✦ AI Summary▲ PositiveM&A
Renaissance Global Limited has informed the Exchange about Acquisition of 20% stake in Naman Trading FZC, a branded jewellery player in the Middle East, for USD $220,000 per share.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment8/10
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Full Announcement
Renaissance Global Limited has informed the Exchange about Acquisition
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RJL1_01092026185758_Stockexchangeintimation.pdf
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Ref. No.: RGL/S&L/2026/131
September 1, 2026
BSE Limited National Stock Exchange of India Limited
Listing Department Exchange Plaza, Plot no. C/1,
Phiroze Jeejeebhoy Towers G Block, Bandra Kurla Complex,
Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai - 400 051
Scrip code: 532923 Symbol: RGL
Sub: Renaissance Global Limited to make a strategic investment in branded jewellery player
Naman Trading FZC.
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”)
Dear Sir/Madam,
In accordance with Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations,
2015 we hereby intimate that Renaissance Jewellery Middle East FZCO, a step down subsidiary of the
Company has agreed to make a strategic investment in branded jewellery player Naman Trading FZC
(‘Naman’).
This investment provides the Company an entry into the branded jewellery market in the Middle East. As
a part of the arrangement, the Company will also provide Naman strategic merchandising and design
support and optimize its supply chain to enhance its margins and boost sales growth.
The details required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as
Annexure I.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Renaissance Global Limited
CS Vishal Dhokar
Company Secretary & Compliance Officer
Encl.: As Above
Annexure – I
Disclosures under Regulation 30 of SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026.
Sr. Particulars
a) Name of the target entity, details in brief Name: Naman Trading FZC
such as size, turnover, etc. Add: FOAM0437 Compass Building, Al Shohada
Road, AL Hamra Industrial Zone-FZ, Ras Al
Brief background about the entity Khaimah, United Arab Emirates
acquired in terms of products/ line of
business acquired, date of incorporation, Date of Incorporation: 04/07/2004
history of last 3 years turnover, country in
which the acquired entity has presence, Object: Naman Trading FZC is engaged in the
and any other significant information (in marketing and distribution of a fast-growing
brief) jewellery brand in the middle east market with an
annual revenue run rate in the range of Rs. 190 –
200 Crore per annum
b) The industry to which the entity being Jewellery Industry
acquired belongs
c) Whether the acquisition would fall within Naman Trading FZC is not a related party of RGL.
related party transaction(s) and whether
the promoter/promoter group/group None of the Company’s promoter/ promoter group
companies have any interest in the entity has any interest in the proposed investments.
being acquired. If yes, nature of interest
and details thereof and whether the same
is done at "arm's length"
d) Objects and impact of acquisition This strategic investment is done to provide the
Company an entry in the branded jewellery market
in the Middle East and to help the investee with
merchandising support, supply chain optimization
and other strategic support.
e) Indicative time period for completion of A Share Purchase Agreement (SPA) has been
the acquisition signed with Naman Trading FZC. The said
acquisition will be completed within a period of 24
months.
f) Consideration - whether cash Cash
consideration or share swap or any other
form and details of the same.
g) Cost of acquisition or the price at which USD $ 220,000 per share
the shares are acquired
h) Percentage of shareholding/ control Company’s step-down subsidiary Renaissance
acquired and/or number of shares Jewellery Middle East FZCO will make an initial
acquired strategic investment of 20% in Naman Trading
FZC with an option to acquire balance equity in a
deferred manner.
i) Brief details of any governmental or NA
regulatory approvals required for the
acquisition.