RGLBSERenaissance Global LtdLowNegative
Announced Fri, 21 Nov · 17:04 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sumit Shah

Promoter Stake Sell 1pctOwnership Changes View source PDF

RGL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Sumit Niranjankumar Shah sold 1,85,000 equity shares of Renaissance Global Ltd (about 0.17% of total share capital) through an open market sale on November 14, 2025. Following this sale, his individual holding reduced from 1.13% (12,15,830 shares) to 0.96% (10,30,830 shares). The disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 was submitted to BSE and NSE on November 20, 2025. No encumbrance or pledge details were involved in this transaction.

Likely market impact

A minor promoter stake sale via open market, indicating some profit-booking, but the quantum is very small (0.17%) and unlikely to materially affect the stock price or shareholder sentiment.