New Delhi, Oct. 15 -- ReNew Global Energy Plc on Tuesday said its promoters have made a final non-binding offer to buy back shares and delist the Nasdaq-listed company.

The promoters' consortium has increased its offer price to $8.15 per share, payable in cash, ReNew said. Last December, the promoters had offered $7.07 per share, and revised it to $8 in June this year.

"This represents an increase of $1.08 per share, equivalent to 15.3%, from the initial non-binding proposal dated December 10, 2024. The revised proposal represents a 28.5% premium versus the undisturbed share price of $6.34 on December 10, 2024, being the closing share price prior to the initial non-binding proposal becoming public and a 41.5% premium to the 30-day volum...