At meeting held on 28 May 2019
The Board of Renaissance Global at its meeting held on 28 May 2019 has taken note of the following -- Verigold Jewellery DMCC, the company's subsidiary in Dubai has made a strategic investment of Rs 20 crore in Verigold Jewellery India (VJIPL). VJIPL will be promoting fine jewellery products in India under a brand IRASVA. The Company has accorded it's consent to VJIPL for using its name as a strategic Alliance.
- Company through its wholly owned subsidiary in Dubai Verigold Jewellery DMCC, has incorporated Verigold Jewellery (Shanghai) Trading Company, a step down subsidiary in China to facilitate distribution of enchanted Disney Products in Chinese market.
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