ALPHA TRIBE

Renaissance Global LimitedOthers, 08-08-2025: Monitoring Agency Report

08-08-2025 | 07:42 pm

Renaissance Global has announced that all proceeds from its Preferential Issue 2024, totaling Rs 163.49 Cr, have been fully utilized. A final monitoring agency report confirms the entire capital was deployed as planned for its stated objectives. Funds were allocated to business growth opportunities, including acquisitions and capital expenditure (Rs 26.63 Cr), and investments in subsidiaries (Rs 88.36 Cr). Additionally, Rs 15 Cr covered fund-raising expenses, and Rs 33.49 Cr was used for general corporate purposes. This transparency provides shareholders with clarity on the effective deployment of the raised capital.

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