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Religare’s CEO Rashmi Saluja steps down as director following an AGM vote, with the RBI affirming no reappointment is in order.

by Team Small News | Mar 23, 2025 | Care, Insurance

Rashmi Saluja, the executive chairperson of Religare, faced intense scrutiny and legal challenges as she presided over the company’s 40th Annual General Meeting (AGM) via video conferencing. The meeting came amid a takeover battle with the Burman family, who...

The Delhi High Court has disposed of a petition filed by Religare against the Securities and Exchange Board of India (SEBI) for inaction.

by Team Small News | Mar 22, 2025 | Care, Insurance

The Delhi High Court has disposed of a petition filed by Religare Enterprises Ltd (REL) against the Securities and Exchange Board of India (SEBI) for allegedly inaction in the matter of the company’s financial irregularities. Religare Enterprises Ltd had filed a...

Dabur’s corporate leadership gains full control of Religare’s operations.

by Team Small News | Mar 21, 2025 | Care, Insurance

The Dabur group, led by the Burmans, has finally taken control of Religare Enterprises after an 18-month struggle. With a current ownership stake of 25.2%, the Burmans have secured a significant threshold that enables them to implement special resolutions. However, to...

The Religare board of directors has approved the appointment of four new members to the company’s leadership team.

by Team Small News | Mar 20, 2025 | Care, Insurance

Religare Enterprises, a financial services firm controlled by the Burman family, has approved the appointment of four new directors: Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan, and Suresh Mahalingam. The new directors will be non-executive and...

The Religare board of commissions is seeking funding from the Burman group for a governance review.

by Team Small News | Mar 20, 2025 | Care, Insurance

Religare Enterprises, a private sector financial services company, has hired Deloitte Touche Tohmatsu Limited (DTTL) to undertake a comprehensive governance review of its board, including its structure, composition, and functioning. The review aims to strengthen the...

Religare Enterprises ventures forth in pursuit of financial support from the esteemed Burman family.

by Team Small News | Mar 20, 2025 | Care, Insurance

Religare, a financial services company, has submitted an exchange filing stating that it aims to review its past operating practices, suggest improvements, and identify potential cases of misconduct by current or former employees. This move comes as the company faces...
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