Renaissance Global Ltd board approves stock split

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The Board of Directors of Renaissance Global Ltd at its meeting held on May 05, 2022, approved the sub-division/split of existing equity share of the Company from 1 (one) equity share having face value of Rs. 10/- each, fully paid-up into 5 (five) equity shares having face value of Rs. 2/- each fully paid-up.

The board also approved alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company (MoA) on account of sub-division/split of equity shares, subject to approval of shareholders of the Company.

The shareholders’ approval will be obtained through Postal Ballot Procedure for sub-division/split and Alteration of the Memorandum of Association.