Religare Enterprises

Religare Enterprises dips for 7th day, down 10% since demerger announcement

Religare Enterprises has approved a plan to demerge its financial services and insurance businesses into two separately listed entities

Religare Enterprises shares drop 5% after announcing demerger plan

As part of the consideration for the demerger, Religare Finvest will issue fully paid-up equity shares to Religare Enterprises shareholders in a 1:1 ratio

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Religare Enterprises announces demerger to unlock shareholder value

Burman family backed-Religare Enterprises Ltd (REL) has approved a plan to demerge its financial services and insurance businesses into two separately listed entities, in a move aimed at unlocking shareholder value and sharpening strategic focus. This is the first major restructuring announced by the company since Burmans took over REL in Feb 2025, the financial services firm said in a statement. Under the proposed scheme of arrangement, REL will retain its stake in Care Health Insurance Ltd, which will continue as an insurance-focused entity, it said. The financial services business -- comprising lending, broking, investment activities and related support services -- will be transferred on a going-concern basis to its subsidiary Religare Finvest Ltd (RFL), it said. "As part of the demerger consideration, RFL will issue fully paid-up equity shares to shareholders of REL on a 1:1 mirror basis. Post-demerger, RFL will be listed on BSE and NSE with mirror image shareholding as REL," i

Religare's board inducts three Burman family members, Jimeet Modi

Religare Enterprises has approved the induction of three Burman family members and Samco Group founder Jimeet Modi to its board, marking a key step in the company's leadership transition

Religare Enterprises up 6% on getting nod from BSE, NSE for warrants issue

Religare Enterprises shares gained 5.8 per cent on Thursday, after the BSE and the National Stock Exchange (NSE) approved the issuance of warrants on a preferential basis

RBI withdraws conditions on Religare Finvest under Corrective Action Plan

RBI withdraws CAP conditions imposed on Religare Finvest after noting compliance with regulatory requirements and changes in management and board composition

Religare, VIP Industries, DMart: Trading strategies for stocks in news

Technical charts show that Religare and VIP can potentially rally up to 30% from here, while DMart stock can slip another 7%. These are the key levels to watch out for on these 3 stocks.

InGovern flags governance concerns at REL, questions ESOP clawback

InGovern Research Services has raised governance issues at Religare Enterprises, focusing on potential conflicts at Care Health Insurance and opacity over Rashmi Saluja's ESOP clawback

Burman family leads ₹1.5K cr fund infusion into Religare Enterprises

The Burman family, owners of Dabur and promoters of Religare, will contribute ₹750 crore-half of the total infusion-demonstrating their continued commitment to the financial services firm

Religare Enterprises shares rise 6% as company proposes to raise fund

Religare Enterprises share price gained 6 per cent in trade, logging an intraday high at ₹234.8 per share on Wednesday on plans to raise funds

Religare Enterprises climbs 7% in trade; here's what is behind surge

Religare Enterprises shares rise 7% after the company posted its Q4 results

Religare Enterprises begins governance review of firm, subsidiaries

Board has decided to approach new promoters, the Burman Group, for funds

Religare Enterprises seeks governance review, funding from Burman family

The Burman family, who founded and control consumer goods conglomerate Dabur India, acquired control of the financial services provider in February after a 17-month takeover battle

Religare Enterprises withdraws NCLAT petition against CCI order

Religare Enterprises has withdrawn its appeal at the NCLAT against a competition watchdog CCI order that allowed four Burman group entities to acquire a 5.27 per cent stake in the financial services firm. The move comes after the Burman Family, through its investment firms, gained a controlling stake in Religare Enterprises Limited (REL) after acquiring 25.16 per cent of equity shares through an open offer. The total holding of Burman family, which also owns FMCG firm Dabur and Eveready, now exceeds 50 per cent, consolidating their position as the largest shareholders in the company. During the proceedings, the "authorised signatory for Appellant (Religare) is present and submits that he is under the authorisation to say the Appellant is not interested in pursuing the matter and intends to withdraw this appeal", the NCLAT order said. "In view of this, the appeal stands dismissed as withdrawn. All the pending applications are also disposed of," a two-member bench ordered last week.

Religare seeks RBI nod for new directors; moves to remove Saluja, Asthaana

The board also recommended the removal of directors Rashmi Saluja and Rakesh Asthaana from the boards of subsidiary companies and committees

Religare Enterprises share price jumped 9% in trade on Feb 21: Here's why

The takeover saga began in September 2023 when the Burmans, holding a 25 per cent stake, made an open offer to acquire an additional 26 per cent

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Burman family acquires control, becomes promoter of Religare Enterprises

The Burman Group will work with Religare Enterprises' leadership and board to reinforce its strategic direction and enhance long-term value creation

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