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Renaissance Global Ltd. Company History and Annual Growth Details

We were originally incorporated on December 04, 1989 as Mayur Gem and Jewellery
Export Private Limited and were engaged in the business and manufacture of jewellery.
Mr. Chandrakant Dhanak and Mrs. Darshana Dhanak were the original promoters
of our Company. In the year 1995, Mr. Niranjan A. Shah and family acquired
the entire shareholding of Mayur Gem and Jewellery Export Private Limited.

With effect from April 16, 1997 our CompanyÂs name was changed from Mayur Gem & Jewellery Export Private Limited to Rinaissance Gem & Jewellery Export Private Limited.

Merger of Sur Style Jewellery Private Limited with Renaissance Jewellery Limited

With effect from April 1, 1998 effective date the business of Sur Style Jewellery Private
Limited Sur Style engaged in manufacture and export of studded jewellery was merged into our
Company under the provisions of Section 395(4A) of the Companies Act, 1956. The Scheme of Merger was registered with the Registrar of Companies, Mumbai at Maharashtra on July 1, 1999. Vide the said scheme, all assets and liabilities of Sur Style were taken over by our Company. Pursuant to the same, our Company issued three Equity Shares of Rs. 100/
each to the shareholders of Sur Style for every two Equity Sharesof Rs. 100/- each held by them in Sur Style.

The paid-up share capital of Sur Style was Rs.49,96,000 divided into 49,960 Equity Shares of Rs 100 each, consequently 74,940 Equity Shares were issued by our Company to the
shareholders of Sur Style. Further, as per the requirements of Section 395(4A) of the Companies Act,1956 our application for striking off the name of Sur Style under section 560 of the Companies Act was accepted and with effect from April 20, 2006 the name of Sur Style has been struck off from the Register of Companies.

With effect from July 1, 2000 our Company became a deemed public company under section 43A (1A) of the Companies Act,1956 on achieving average annual turnover of more than 25 crores for the last 3 consecutive preceding years. Pursuant to the Companies (Amendment) Act, 2000 our Company made an application vide its letter dated February 21, 2001
to the Registrar of Companies, Maharashtra at Mumbai for conversion from deemed public company to private company under section 43A(2A) of the Act. Our CompanyÂs
name was thereafter changed to Renaissance Jewellery Private Limited with effect from April 5,2002.

On December 20, 2005, our Company was converted to a public limited company from private limited company and our name was changed to Renaissance Jewellery Limited.
In September 2007 Renaissance Jewelry New York Inc (RJNY), a venture promoted by our Promoters, which has been incorporated under the US laws, issued 100 fully
paid up and non-assessable shares of RJNY out of its total authorized issue of 200 shares without par value common stock. The total consideration for the purchase of common stock was $10,000 at a price of $ 100/- per share of the Corporation. By virtue of this allotment of common stock of RJNY, RJNY has become our100% foreign subsidiary
with effect from September 12, 2007.

In July 2007, we also commenced exports of loose diamonds from our facility situated at Opera House, Mumbai.

The main objects of our Company are as follows:

To carry on the business of Jewellery, ornamentalists, and to manufacture,buy, sell, import export or otherwise trade and deal in, jewellery, ornament, artifacts, china, curious, antiquesidols and other obiects of every type whatsoever made from or composed either
wholly or in part of gold, silver, platinum brass, copper diamonds and other precious, nonprecious semi-precious metals and stones.Our Company had filed its DRHP document on one occasion,with SEBI and the Stock Exchanges. We had initially filed our Draft Red Herring Prospectus with SEBI, BSE and NSE on April 28, 2006 for a public issue of 35,10,000 Equity Shares of Rs.10/- each. NSE and BSE vide their letters dated June 22, 2006 and June 5, 2006 respectively, had given in-principle approvalfor listing. SEBI had issued its observation vide its letter No.CFD/DIL/NB/JAK/72591/2006 dated July 27, 2006. However, on account of unfavourable market conditions, we did not proceed with the Issue.

Year Description
1989 Incorporated as Mayur Gem and Jewellery Export Private Limited

1995 Current Management acquired Mayur Gem and Jewellery Export PrivateLimited on a going concern basis.

1999 Merger Of Sur Style Jewellery Private Limited with our Company witheffect from April 1, 1998

2000 Purchased the facility and commenced business at Plot 36A-37 measuring 40,000 sq.ft. from Saha Electronics.

2001 Received Export Performance Award from SEEPZ-SEZ as SEEPZ-SE Star 2000-2001 for export of over Rs 75 crores from the zone in the GemAnd Jewellery Sector during 2001

2002 Certification of the facility(36A & 37) by Wal-Mart and commenced business with Wal-Mart

2004 Commenced business with Zales Corporation-the largest speciality jewellery chain in North America

2005 Received ÂInternational Supplier of the YearÂ award from Wal-Mart for the year 2004 Set-up a 100% EOU in Bhavnagar, Gujarat in a facility measuring 64,000 sq.ft. and commenced businessReceived Business Excellence Model (BEM) Certification as a Certified Diamond Jewellery Manufacturerfrom Rio Tinto Diamonds- An Australian mining companyConversion of our Company from private to public limited.

2006 Renaissance Retail Venture Private Limited and Verigold Fine Jewellery Private Limited became ourCompanyÂs wholly-owned subsidiaries. Certificate of Merit by GJEPC for being the second largest exporterof studded precious metal jewellery f rom SEEPZ-SEZ for the year 2005-06

2007 Recognition as Three Star Export House Setting up of Renaissance Jewelry New York, Inc, a 100% subsidiary of our Company.

2008

-Mr. Ghanashyam M. Walavalkar has been appointed as Company Secretary and Compliance Officer of the Company.

2009

-Renaissance Jewellery has recommended a dividend @ 15%

2010

-Renaissance Jewellery increases its Authorised share capital from Rs. 250,000,000/- to Rs. 270,000,000/-

2011

-Renaissance Jewellery Ltd has acquired both M/s. N. Kumar Diamond Exports Ltd. and House Full International Ltd. making both its wholly owned subsidiaries.

- Renaissance Jewellery Ltd. receives GJEPC Award for Studded Jewellery Exports

2012

-Renaissance Jewellery Ltd receives GJEPC Award for Studded Jewellery Exports

-Renaissance Jewellery Recommended a dividend @ 15%

2013
- Board has recommended a Dividend @ 10% (i.e. 1/- per Equity Share of Rs. 10/- each).

2014
- Board has recommended a Dividend @ 10% (i.e. 1/- per Equity Share of Rs. 10/- each)

2016
-"Renaissance Jewellery Limited receives GJEPC Award for being CountryÂs largest exporter of Studded Precious Metal Jewellery".

2017
-Renaissance Jewellery Ltd receives 43nd GJEPC Award for largest exporter in the category of Precious Metal Jewellery.

2018
-Renaissance Jewellery Ltd. Receives 44Th GJEPC Award For Largest Exporter Of Studded Precious Metal Jewellery.
-Acquires Jay Gems Inc USA becomes licensee of Disney.

2019
-Company name has changed to Renaissance Global Ltd. from Renaissance Jewellery Ltd.
-Renaissance Global Limited Receives 45Th GJEPC Award For Largest Exporter Of Studded Precious Metal Jewellery.

2021
-Renaissance Global Limited Receives 46Th GJEPC Award For Largest Exporter Of Studded Precious Metal Jewellery.

2022

-The Company has splits its face value from Rs. 10/- to Rs. 2/-.
-'Renaissance Global Conferred Out of the Box Store Design Award for 'IRASVA" for updating our investors.
-Launches NFL Licensed ÂTrue Fans Fine Jewelry CollectionÂ Exclusively with Signet Jewelers.

2023

Renaissance Global Ltd Receives 49Th GJEPC Award For Being Country'S Largest Exporter Of Silver Jewellery Award for largest exporter of Silver Jewellery and First Runner up in the category of Studded Precious Metal Jewellery for the year 2021-22.

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