Renaissance Global Boosts Share Capital with Employee Stock Option Allotment

Renaissance Jewellery Limited, a company listed on both BSE and NSE, has recently expanded its share capital through an employee stock option allotment. Here's a breakdown of the key details:

Stock Option Allotment Details

Aspect	Details
Number of Shares Allotted	12,500
Allotment Price	Rs. 110.00 per share
Scheme	RGLESOP 2021 (Renaissance Global - Employee Stock Option Scheme 2021)

Impact on Share Capital

Metric	Before Allotment	After Allotment
Paid-up Share Capital	Rs. 21,46,25,942.00	Rs. 21,46,50,942.00
Number of Equity Shares	10,73,12,971	10,73,25,471
Face Value per Share	Rs. 2.00	Rs. 2.00

The newly allotted shares will rank pari-passu with the existing equity shares of the company, meaning they carry equal rights in all respects, including dividend payments and other entitlements.

ESOP Scheme Insights

The RGLESOP 2021 scheme, approved by shareholders on January 21, 2022, has seen multiple grants:

Grant 1: 6,25,000 options (some cancelled due to resignations)
Grant 2: 8,05,000 options (some surrendered)
Grant 3: 30,000 options (partially cancelled due to resignation)
Grant 4: 3,59,562 options (all cancelled due to termination)
Grant 5: 51,000 options granted on June 12, 2025

The company has been actively managing its ESOP program, adjusting for employee departures and new grants, demonstrating its commitment to employee ownership and retention strategies.

This recent allotment underscores Renaissance Global's ongoing efforts to align employee interests with company performance and shareholder value. As the company continues to leverage its ESOP scheme, it may potentially enhance employee engagement and retention, which could contribute to long-term corporate growth and stability.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.58%	-7.50%	-10.40%	-10.16%	-31.50%	+126.87%

Renaissance Jewellery , a prominent player in the jewelry industry, has witnessed a significant change in its shareholding structure. Sumit Niranjankumar Shah, a promoter of the company, has reduced his stake through open market transactions.

Key Details of the Transaction

Aspect	Details
Promoter Name	Sumit Niranjankumar Shah
Shares Sold	85,000 equity shares
Percentage of Company	6.13%
Transaction Dates	November 19 and 20, 2025
Transaction Type	Open market

Impact on Shareholding

The sale has resulted in a notable change in Shah's ownership position within Renaissance Jewellery:

Shareholding	Before Sale	After Sale
Percentage	8.76%	7.46%

This transaction represents a reduction of 1.3 percentage points in Shah's stake in the company's total voting capital.

Implications

While the reasons behind the sale have not been disclosed, such transactions by promoters often attract investor attention. Shareholders and market analysts may closely monitor any potential impact on the company's stock price or future strategic decisions.

It's important to note that promoter shareholding changes do not necessarily indicate a shift in the company's fundamentals or operational performance. Investors are advised to consider this information alongside other financial and operational metrics when making investment decisions related to Renaissance Jewellery.