Massachusetts Institute Of Technology acquired 16.4 lakh shares, a 1.53% stake, in Renaissance Global for ₹19.76 Cr at ₹120.50 apiece in a new position during a rights issue context.
A manufacturer of diamond-studded jewellery and trader of cut and polished diamonds, Renaiss. Global operates across the gems and jewellery sector. Established in 1989, the company specializes in designing and crafting high-quality diamond jewellery while maintaining active trading operations in processed diamonds. It serves both domestic and international markets within the jewellery and gemstone industry.
Listed equity holdings of MIT's endowment, managed by MIT Investment Management Company (MITIMCo). Endowment manages over USD 23 billion.