General Updates

October 30, 2026 The National Stock Exchange of India Ltd. BSE Limited Corporate Communications Department Corporate Services Department “Exchange Plaza”, 5th Floor, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001 Scrip Symbol: RELIGARE Scrip Code: 532915 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir(s), With reference to the captioned subject, we would like to inform you that Care Health Insurance Limited (“CHIL”), a material subsidiary of Religare Enterprises Limited (“the Company”), has allotted 15,000 (Fifteen Thousand) Debentures (unsecured, subordinated, listed, taxable, rated, redeemable, non-convertible debentures in the nature of ‘Subordinated Debt’ at a coupon rate fixed at 10.50% p.a.) each bearing a face value of Rs. 1,00,000/- (Rupees One Lakh) aggregating to Rs. 150 Crore (Rupees One Hundred Fifty Crore), for cash, at par, in dematerialized form. Please see Annexure A for the details of the Debentures issued by the CHIL. This is for your kind information and record. Thanking You For Religare Enterprises Limited Babu Rao P. Group General Counsel & Group Chief Compliance Officer Religare Enterprises Limited CIN: L74899DL1984PLC146935 Registered Office: First Floor, Office No. 101, 2E/23, Jhandewalan Extn., New Delhi – 110055 Phone No.: +91-11- 4167 9692 Corporate Office: 1st Floor, Tower A, Club 125, Plot A-3,4, 5, Sector -125, Noida – 201301, Uttar Pradesh Phone No.: +91-120- 4384 941 www.religare.com / investorservices@religare.com Annexure A Sr. No. Particulars Remarks 1. Issuer Care Health Insurance Limited (“CHIL”) 2. Type of securities proposed to be Listed, unsecured, subordinated, rated, redeemable, taxable, fully issued paid up, non-convertible debentures in the nature of ‘Subordinated Debt’ in accordance with IRDAI laws and SEBI NCS Regulations. The Debentures shall be fully paid up in cash. 3. Type of issuance Non-convertible debentures in the nature of subordinated debt instruments, on a private placement basis 4. Size of issue Rs. 1,50,00,00,000 (Rupees One Hundred and Fifty Crore) 5. Whether proposed to be listed? If Yes. National Stock Exchange of India Limited yes, name of the stock exchange(s) 6. Tenure of the instrument – date of Tenor: 10 (Ten) years from the deemed date of allotment, subject allotment and date of maturity to the exercise of any call option by the CHIL at the end of 5 (Five) years and every year thereafter. Deemed date of allotment: October 30, 2026. Date of maturity: October 30, 2036, subject to exercise of any Call Option by the CHIL. 7. Coupon / interest offered, Coupon Rate: 10.50% (Ten decimal point Five Zero) per annum schedule of payment coupon/interest and principal Schedule of payment of interest and principal: The Debentures shall be redeemed at par 10 (Ten) years from the deemed date of allotment, on October 30, 2036, subject to the exercise of any call option by CHIL at the end of 5 (Five) years and every year thereafter. The Debentures shall carry interest in accordance with the term sheet as set out in the key information document dated October 30, 2026, on the outstanding principal amount of Debentures until the redemption date. The following terms and conditions shall be applicable in relation to any interest payment to be made by CHIL pursuant to the Issue of Debentures: (i) the interest on the Debentures shall be charged to the profit and loss account of CHIL, and will be paid annually; (ii) CHIL shall not be liable to pay the interest for any financial year, if the payment of such interest is prohibited in terms of IRDAI laws; (iii) prior approval of IRDAI shall be required for payment of interest for any financial year, if: (a) solvency margin of CHIL is below the control level of solvency; or (b) the impact of such accruing or paying such Interest would result in the control level of solvency of CHIL falling below or remaining below the regulatory requirements prescribed by the IRDAI; or (c) the impact of accrual or payment of Interest results in net loss or increases in the net loss of CHIL; and (iv) CHIL shall cumulate any interest which is not paid on an interest payment date, and shall pay such interest on a subsequent interest payment date(s) or redemption date compounded annually at the interest rate on an actual/actual basis subject to at all times compliance with all applicable laws (including but not limited to IRDAI laws). Religare Enterprises Limited CIN: L74899DL1984PLC146935 Registered Office: First Floor, Office No. 101, 2E/23, Jhandewalan Extn., New Delhi – 110055 Phone No.: +91-11- 4167 9692 Corporate Office: 1st Floor, Tower A, Club 125, Plot A-3,4, 5, Sector -125, Noida – 201301, Uttar Pradesh Phone No.: +91-120- 4384 941 www.religare.com / investorservices@religare.com It is hereby explicitly clarified that any cancellation of servicing of the Debentures or non-payment of interest by CHIL, in the manner set out hereinabove shall not be construed to be an event of default or be construed to be a breach of the transaction documents of any manner and no restriction or obligation on CHIL of any kind whatsoever, including any obligation to pay penal interest, shall be imposed or be deemed to have been imposed on CHIL upon the occurrence of such an event except that CHIL shall not distribute any dividend to its equity shareholders. Payment of interest shall be subject to IRDAI laws at all times. The calling of an event of default on account of, any event of non- payment of interest or penal interest of the Debentures by CHIL shall be subject to the IRDAI laws on the date of calling of the said event of default. Payment of penal interest shall be subject to approval of IRDAI and compliance of Applicable Law including, without limitation, IRDAI laws. Payment of any penal interest shall be subject to the following terms and conditions: (a) the payment of penal interest shall be charged to the profit and loss account of the CHIL; and (b) the penal interest shall be payable in accordance with IRDAI laws. It is hereby explicitly clarified that any non-payment of penal interest on the Debentures in the manner set out hereinabove due to the provisions of IRDAI laws, shall not be construed to be an event of default or be construed to be a breach of the transaction documents of any manner and no restriction or obligation on CHIL of any kind whatsoever shall be imposed or be deemed to have been imposed on the Issuer upon the occurrence of such an event, except that CHIL shall not distribute any dividend to its equity shareholders for the relevant financial year. The calling of an event of default on account of, any event of non-payment of penal interest, of the Debentures by CHIL shall be subject to the IRDAI laws on the date of calling of the said event of default. 8. Charge / security, if any, created Not applicable. over the assets 9. Special right/ interest/ privileges Not applicable. attached to the instrument and changes thereof 10. Delay in payment of interest/ Not applicable. principal amount for a period of more than three months from the due date or default in payment of interest/ principal 11. Details of any letter or comments Not applicable. regarding payment / non-payment of interest, principal on due dates, or any other matter concerning the security and/ or the assets along with its comments thereon, if any 12. Details of redemption of Not applicable. preference shares indicating the manner of redemption (whether Religare Enterprises Limited CIN: L74899DL1984PLC146935 Registered Office: First Floor, Office No. 101, 2E/23, Jhandewalan Extn., New Delhi – 110055 Phone No.: +91-11- 4167 9692 Corporate Office: 1st Floor, Tower A, Club 125, Plot A-3,4, 5, Sector -125, Noida – 201301, Uttar Pradesh Phone No.: +91-120- 4384 941 www.religare.com / investorservices@religare.com out of profits or out of fresh issue) and debentures 13. [Showing first 8,000 characters — download PDF for full document]