Renaissance Global Limited - Outcome of Board Meeting

5 May 2022 , 12:00 AM

RGL has informed the Exchange about Board Meeting held on 05-May-2022 to consider Split of shares.This is with reference to our intimation dated April 13, 2022, pursuant to Regulation 30 read with Part A of Schedule Ill to the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors at its meeting held on May 05, 2022, approved the followings:a) 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, subject to approval of shareholders of the Company. The Record Date for such sub-division/split of equity shares will be intimated in due course. b) 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. c) Obtaining shareholders??? approval through Postal Ballot Procedure for sub-division/split and Alteration of the Memorandum of Association as mentioned above and to authorize Company Secretary to issue notice of Postal Ballot.Please refer the attached file for further details.