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The stock of Renaissance Jewellery will turn ex-date on Friday for the proposed buyback offer. The company plans to buy back up to two lakh equity shares at ₹250 a share aggregating amount of up to ₹5 crore being up to 1.20 per cent of the fully paid-up equity capital. The buyback will be through the tender offer on a proportionate basis. Renaissance Jewellery has fixed June 12 as the record date. The stock registered a new 52-week at ₹208.8 on Thursday and closed at ₹201, declining 1.7 per cent.
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