The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rahil S Shah
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Renaissance Global Ltd informed the exchanges about a disclosure under SEBI Takeover Regulations from Rahil S. Shah, a member of the promoter/promoter group. He received 7,50,000 equity shares (0.70% stake) on August 20, 2025 through an off-market transfer via Gift Deed. His holding, along with persons acting in concert, rose from 6,04,060 shares (0.56%) to 13,54,060 shares (1.26%) of the company. The acquisition was a non-cash gift transaction with no change in the company's total share capital. The disclosure was filed under Regulation 29(1) of the SEBI (SAST) Regulations, 2011.
This is a transfer of shares within the promoter family via gift, so there is no impact on the company's ownership composition with respect to non-promoter shareholders. The stock price is unlikely to be affected since no money changed hands and the broader promoter group's effective control remains unchanged.