Scrip Code / Symbol: 532923 (BSE), RGL (NSE)

Renaissance Global Limited has allotted 28,000 equity shares of face value ₹2 each, fully paid-up, to option grantees who exercised their vested options under the 'Renaissance Global – Employee Stock Option Scheme 2021' (RGL ESOP 2021). The allotment was approved by the Nomination and Remuneration Committee via circular resolution on July 07, 2026.

The exercise price per share was ₹2, with a premium of ₹nil, resulting in total money realized of ₹56,000. The equity shares allotted are fully paid-up and shall rank pari-passu with the existing equity shares of the company in all respects, including dividend payments and other rights.

Consequent to this allotment, the paid-up equity share capital has increased from ₹21,47,36,942 (comprising 10,73,68,471 equity shares) to ₹21,47,92,942 (comprising 10,73,96,471 equity shares). The company will apply for listing of these 28,000 equity shares on both the National Stock Exchange of India Limited (NSE) and BSE Limited.

The distinctive numbers of the allotted shares range from 10,73,68,472 to 10,73,96,471 (both inclusive). The ISIN is INE722H01024. There are no lock-in restrictions on these shares.

ESOP Plan Details

The RGL ESOP 2021 scheme was approved by shareholders through postal ballot on January 21, 2022. The total scheme covers 25,00,000 equity shares (each option convertible into one equity share of face value ₹2).

Key details of the scheme:

  • Options Exercised: 28,000 options
  • Options Lapsed: 53,570 options under Grant-6
  • Exercise Period: Options can be exercised within 3 years from respective vesting dates
  • Pricing Formula: Options under Grants 1, 2, and 3 are exercisable at ₹110 each; Options under Grants 4, 5, 6, and 7 are exercisable at ₹2 each
  • Diluted EPS: 0.72 per share pursuant to issue of shares on exercise of options

Compliance Information

The disclosure is made pursuant to:

  • Regulation 30 read with Para B of Part A of Schedule III of SEBI Listing Regulations
  • SEBI Circular dated July 13, 2023
  • Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

The scheme was originally filed with:

  • BSE: Filing Number BSE-DCS/IPO/MJ/ESOP-IP/2235/2021-22 on January 28, 2022
  • NSE: Filing Number NSE/LIST/29860 on January 28, 2022

Additional Information

No variations of terms, subsequent changes, cancellations, or significant additional terms were reported beyond the original scheme approval. The company's registered office is at Plot No 36A & 37 Seepz, Andheri (East), Mumbai 400096.