ReNew Promoters, Masdar Increase Offer to Take Company Private

Imagine a company called ReNew that is listed on the stock market.

The people who started ReNew and some big investors want to buy all the shares back to take the company private.

They offered a certain price per share, but now they've offered a higher price, giving shareholders more money.

A special group is looking at this offer to make sure it's a good deal for everyone.

If it goes through, it means ReNew will no longer be on the stock market, and its owners will have full control.