Renaissance Global Limited (BSE:532923) agreed to acquire a 19% stake in Renaissance FMI Inc. from Anubh Shah, Slisha Kankariya and Arubha Shah for INR 173.596623 million on August 10, 2023. The consideration includes 17,34,232 equity shares of the Company. Renaissance FMI had revenue of $1,35,60,724 during FY 2022-23. As of November 9, 2023, this transaction was approved by the Board and the Shareholders on August 10, 2023 and September 10, 2023, respectively and was consummated on September 22, 2023.

Renaissance Global Limited (BSE:532923) completed the acquisition of 19% stake in Renaissance FMI Inc. from Anubh Shah, Slisha Kankariya and Arubha Shah on September 22, 2023.