The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalpana N. Shah
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Kalpana N. Shah, part of the promoter group of Renaissance Global Limited, transferred 6,73,800 equity shares (0.63% of the company) via an off-market gift deed on August 29, 2025. Her individual holding has gone from 0.63% to zero. The total equity share capital of the company remains unchanged at 10,72,87,971 shares (₹21.45 crore), indicating this was a reshuffle within the promoter family rather than a change in overall promoter ownership. The disclosure was filed under SEBI's Takeover Regulations to formally report the transfer.
Since this is a gift-based transfer within the promoter family, total promoter holding of the company is unchanged and there is no material impact on the stock price or minority shareholders. Investors should view this as routine internal promoter reshuffling.