Religare Enterprises Limited
Religare Enterprise Ltd, incorporated in 1984, is a diversified financial services company with presence all over India, operating through its subsidiaries. The Co. provides loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking. REL’s subsidiaries service over 11 lakh clients from over 1,275 locations having presence in more than 400 cities.
What Religare files
- Others103
- Important75
- Updates28
- QIP/Rights/Pref.12
- Investor Meet11
- Board Meeting7
Religare Enterprises released its FY25-26 Business Responsibility and Sustainability Report. The investment firm reported no fines and 11% employee attrition. Efforts led to reduced energy and GHG emissions. Employee well-being spending significantly increased to 3.98% of revenue. CSR was not required due to past losses.
Religare Enterprises' appeal against a prior regulatory order was dismissed by the appellate tribunal. This decision confirms the earlier directive concerning the company.
Religare's Board has approved the continuation of Mr. Rajender Mohan Malla as Non-Executive Chairperson. His term is extended for the current quarter.
Religare Enterprises' step-down subsidiary, RHDFCL, reports its MD & CEO, Mr. Rahul Mehrotra, has stepped down after completing his term. This marks a leadership transition at the housing finance arm.
Religare's housing finance arm, RHDFCL, had its ICRA rating reaffirmed at [ICRA]BBB- (Stable)/[ICRA]A3 for 400 Cr bank lines. This reflects adequate 186 Cr net worth and planned ~250 Cr capital infusion. Key challenges are modest 243 Cr AUM and an 18.4 Cr net loss in FY2026.