The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit C Shah
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Amit C. Shah, a member of the promoter group of Renaissance Global Ltd, has transferred his entire holding of 8,00,000 equity shares (0.75% of the company's paid-up capital) by way of a Gift Deed on August 20, 2025. His post-transfer holding has gone from 0.75% to NIL, representing a complete exit from direct shareholding. The transaction was executed off-market, not through the exchanges, and the company's total share capital of 10,72,87,971 equity shares remains unchanged. The disclosure has been filed under Regulation 29(2) of SEBI's Takeover Regulations.
Since the shares were transferred as a gift (off-market) rather than sold in the open market, there is no impact on the stock price or public float. However, this signals a restructuring within the promoter family — the shares have likely moved to a related party rather than out of the promoter group entirely, so overall promoter control may remain intact.