The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pallavi Amit Shah
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Pallavi Amit Shah, part of the promoter group of Renaissance Global Limited, has disclosed a transfer of 7,50,000 equity shares (0.70% of total share capital) under SEBI Takeover Regulations. The shares were transferred off-market through a Gift Deed on August 20, 2025. Before the transfer, she held 7,50,000 shares (0.70%); after the transfer, her holding is NIL. No cash transaction is involved as this is a gift transfer. The company's total share capital remains unchanged at approximately 10.73 crore shares.
This is a non-cash, off-market gift transfer within the promoter family and is unlikely to materially impact the stock price. It reduces one promoter group member's holding to zero but does not change the overall promoter group's effective control. Retail investors should note this is a personal estate transfer, not a signal of promoter confidence issues.