Renaissance Global Limited — JV/Acquisition, 29-03-2025: Acquisition

Renaissance Global Limited has acquired 97% of Verigold Jewellery India Private Limited (VJIPL) through a share purchase agreement, purchasing 1,58,433 equity shares at ₹1 each for a total of ₹1,58,433. This strategic acquisition aims to streamline operations and enhance corporate structure, allowing for synergies and improved brand focus. Notably, the IRASVA brand from VJIPL will be integrated into the RGL brand, potentially unlocking significant growth opportunities in the Indian jewellery market. Following this acquisition, VJIPL has become a subsidiary of Renaissance Global.