Renaissance Global Limited has informed the Exchange regarding Exercise of 8410 Options.
RGL · price
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Renaissance Global Limited has allotted 8,410 equity shares of Rs. 2 face value each at Rs. 110 per share (including Rs. 108 premium) to employees who exercised vested options under the RGL ESOP 2021 – Grant 1. The company realized Rs. 9,25,100 from this exercise. Following the allotment, the paid-up share capital increased from Rs. 21,46,50,942 to Rs. 21,46,67,762, with total shares rising from 10,73,25,471 to 10,73,33,881. The new shares will rank pari passu with existing equity shares and will be listed on NSE and BSE.
This is a routine ESOP exercise with negligible dilution (8,410 shares out of 10.73 crore existing shares). No material impact on stock price or shareholder value expected.