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Renaissance Global LimitedImportant, 18-02-2025: General Updates

18-02-2025 | 06:51 pm

A promoter of Renaissance Global Limited has inadvertently violated the Insider Trading Code by purchasing 1,500 equity shares of the company, valued at ₹1.97 lakh, on February 17, 2025. The transaction was executed mistakenly under the promoter's account rather than that of his son. The company issued an advisory to Mr. Niranjan Shah, the Chairman Emeritus, emphasizing the need for strict adherence to the Code and future diligence to avoid similar issues. The company has confirmed that there have been no previous violations since the last financial year. This incident highlights the importance of compliance in trading activities among promoters and could serve as a reminder for shareholders regarding the governance practices at the company.

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