BSECompany Update6d ago · 4 Nov 2026, 07:04 pm
Credit Rating Update of subsidiary company
Religare Enterprises Ltd · 532915
✦ AI Summary▲ PositiveRating Change
Religare Enterprises Ltd has announced that CRISIL Ratings Limited has upgraded the credit rating of its wholly-owned subsidiary, Religare Broking Limited, for its long and short-term bank facilities.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Religare Enterprises Ltd - 532915 - General Updates
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November 04, 2026
The National Stock Exchange of India Ltd BSE Limited
Corporate Communications Department Department of Corporate Services
“Exchange Plaza”, 5th Floor, Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 001
Mumbai - 400051
Scrip Symbol: RELIGARE Scrip Code: 532915
Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding
Religare Broking Limited, a Subsidiary of Religare Enterprises Limited
(“REL”/“the Company”)
Dear Sir/Madam,
We would like to inform you that CRISIL Ratings Limited (“Crisil”) vide its communication
dated November 02, 2026, received by the Company on November 04, 2026, has upgraded
the credit rating (as per the details below) of Religare Broking Limited (RBL), a wholly owned
subsidiary of the Company, in respect of its Long and Short-Term bank facilities availed by
RBL.
Total Bank Loan Facilities Rs. 500 Crore
Rated
Long Term Rating Crisil BBB+/Stable (upgraded from Crisil BBB
/Stable)
Short Term Rating Crisil A2+ (Upgraded from Crisil A3+)
You are requested to take the above information on your record. Press release dated
November 02, 2026, by the said credit rating agency can be accessed at
https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/ReligareBro
kingLimited_November%2002_%202026_RR_407602.html.
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: 401, 4th Floor, Arena Space, JVLR, Shyam Nagar, Jogeshwari (E) Mumbai –400060 Phone No.: +91-22-4717-9004
www.religare.com / investorservices@religare.com