The Board of Directors of Renaissance Jewellery Limited, at its meeting held on March 21, 2017, has approved the resignation of Mr. Sumit N. Shah from the office as Managing Director of the company, effective April 01, 2017. The company also approved the appointment of Mr. Hitesh M. Shah as Managing Director of the company and Mr. Sumit N. Shah as Non-Executive Vice Chairman of the company, effective April 01, 2017.