Renaissance Global Limited Responds to BSE Clarification on Volume Movement Under Regulation 30

1 min read     Updated on 27 Feb 2026, 01:35 PM
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Overview

Renaissance Global Limited responded to BSE's inquiry on February 27, 2026, regarding unusual volume movement in its securities. The company confirmed full compliance with Regulation 30 of SEBI regulations, stating that all necessary disclosures have been made and no material or price-sensitive information has been withheld. CS Vishal Dhokar, Company Secretary & Compliance Officer, signed the official response assuring the exchange of complete transparency in disclosure practices.

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*this image is generated using AI for illustrative purposes only.

Renaissance Global Limited has formally responded to BSE Limited regarding an inquiry into unusual volume movement in its securities. The response, dated February 27, 2026, addresses the exchange's concerns about trading activity and reaffirms the company's commitment to regulatory compliance.

BSE Inquiry and Company Response

The BSE had sought clarification from Renaissance Global Limited through an email dated February 27, 2026, with reference number L/SURV/ONL/PV/SG/2025-2026/944, specifically regarding movement in the volume of the company's securities. The inquiry was part of BSE's surveillance mechanism to monitor unusual trading patterns and ensure market integrity.

Regulatory Compliance Confirmation

In its official response, Renaissance Global Limited provided comprehensive assurance regarding its disclosure practices:

Compliance Aspect: Company's Position
Regulation 30 Disclosures: All necessary disclosures made
Material Information: No information withheld
Price Sensitive Events: No undisclosed events
Pending Announcements: None that could affect volume

The company emphasized that all relevant information and announcements have been disclosed to the stock exchange for public dissemination. Renaissance Global confirmed that no announcement or disclosure is pending that may have an effect on the movement of volume of its scrip.

Key Regulatory Framework

The response specifically references Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose material events and information that could impact investor decisions. This regulation ensures transparency and helps maintain market confidence by requiring timely disclosure of price-sensitive information.

Official Authorization

The response was officially signed by CS Vishal Dhokar, Company Secretary & Compliance Officer of Renaissance Global Limited, who digitally signed the document on February 27, 2026, at 13:16:16 +05'30'. The communication was issued under reference number RGL/S&L/2026/33, demonstrating the company's systematic approach to regulatory correspondence.

The company's prompt and comprehensive response to BSE's inquiry reflects its commitment to maintaining transparency and adhering to regulatory requirements, ensuring that all stakeholders have access to material information that could influence trading decisions.

Historical Stock Returns for Renaissance Jewellery

1 Day5 Days1 Month6 Months1 Year5 Years
-18.72%+9.42%+12.31%+5.18%-7.96%+101.81%
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Renaissance Global Limited Revises FY27 PAT Guidance Upward to ₹125.5 Crore in Updated Investor Presentation

2 min read     Updated on 26 Feb 2026, 08:36 AM
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Reviewed by
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Overview

Renaissance Global Limited has revised its FY27 PAT guidance upward to ₹125.5 crore from ₹110 crore in an updated investor presentation. The jewelry company is transforming from a B2B manufacturer to a brand-led D2C platform, with D2C segment expected to generate ₹1730 crore revenue in FY26. The company operates multiple brands including Jean Dousset, With Clarity, and Enchanted Disney, targeting 28-30% PAT CAGR through FY29.

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*this image is generated using AI for illustrative purposes only.

Renaissance jewellery has revised its FY27 Profit After Tax (PAT) guidance upward from ₹110 crore to ₹125.5 crore in an updated investor presentation filed under Regulation 30 of SEBI listing regulations. The Mumbai-headquartered jewelry company submitted the revised presentation on February 26, 2026, following an earlier communication dated February 25, 2026.

Strategic Business Transformation

The company is executing a fundamental shift from a volume-driven B2B manufacturer to a high-margin, IP-led branded D2C leader. With over 30 years of excellence in design, manufacturing, and global distribution, Renaissance Global has evolved from a traditional manufacturer into a brand-first organization leveraging iconic global partnerships.

Transformation Aspect: Details
Business Model: B2B manufacturer to D2C platform
Focus: Volume-driven to brand-led
Market Position: Traditional to IP-led branded leader
Experience: 30+ years in jewelry industry

Financial Performance Overview

The company's FY26 financial projections demonstrate the success of its transformation strategy. The D2C segment is expected to dominate revenue generation, while maintaining healthy margins across both business segments.

Segment: FY26 Revenue (₹ crore) EBITDA (₹ crore) Margin (%)
D2C: 1730 150 8.5%
B2B: 400 54 13.5%

Brand Portfolio and Market Presence

Renaissance Global operates a diversified portfolio of owned and licensed brands targeting different market segments. The company's brand portfolio includes Jean Dousset, founded by the great-great-grandson of Louis Cartier, which transitioned to a 100% lab-grown diamond model in 2023. With Clarity, acquired in 2022, has scaled from approximately ₹40 crore revenue at acquisition to over ₹200 crore, demonstrating strong growth momentum.

Key Brand Performance:

  • Jean Dousset: Luxury lab-grown diamond jewelry with flagship boutiques in West Hollywood and SoHo
  • With Clarity: Digitally native fine jewelry brand focusing on engagement rings and bespoke creations
  • Enchanted Disney Fine Jewelry: Licensed Disney-inspired fine jewelry generating approximately ₹400 crore in revenue

Growth Projections and Strategic Roadmap

The company has outlined ambitious growth targets through FY29, with D2C brands expected to contribute significantly to overall revenue. The strategic roadmap includes expanding Jean Dousset to 15 stores by FY29, with potential revenue of ₹400 crore from omnichannel operations.

Financial Metric: FY25 FY29E Growth Target
D2C Revenue (₹ crore): 314 1000 30% CAGR
B2B Revenue (₹ crore): 1674 1610 Stable
PAT CAGR: - - 28-30%
EBITDA Margin: 9.1% 11.7%+ Improving

Manufacturing Capabilities

The company operates state-of-the-art manufacturing facilities spanning 100,000 sq. ft. across 6 manufacturing facilities, employing over 2,000 trained personnel. The facilities incorporate global manufacturing technologies including casting, CNC machining, 3D printing, and laser cutting, with annual production capacity of 1.5 million pieces and capability to launch 15,000+ designs annually.

Source: None/Company/INE722H01024/6b6aec46-7936-4b5d-bf51-dc6802e0e7e5.pdf

Historical Stock Returns for Renaissance Jewellery

1 Day5 Days1 Month6 Months1 Year5 Years
-18.72%+9.42%+12.31%+5.18%-7.96%+101.81%
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1 Year Returns:-7.96%