Renaissance Global has received approval for investment upto Rs 27 crore in wholly owned step down subsidiary of the company, RD2C Ventures Inc., USA (RD2C), by way of subscription to shares of RD2C. This investment amount will be used by RD2C to make further investment. This investment will be completed on or before February 28, 2025. The Board of the company, the Investment Committee of the Company, at its meeting held on January 16, 2025, approved the same.
Renaissance Global has been creating incredible jewellery designs for marquee clients across the globe. Renaissance Global is a highly differentiated luxury lifestyle products company. It is licensees for two global brands - ‘Hallmark’ and ‘Disney’.
