NSEGeneral Updates5 Aug 2026 · 5 Aug 2026, 07:55 pm
General Updates
Religare Enterprises Limited · RELIGARE
✦ AI SummaryRegulatory
Religare Enterprises Limited has informed the Exchange about General Update on announcements dated February 26, 2025 and May 12, 2026, regarding the approval of voluntary surrender of MIC's Licence as Insurance Web Aggregator by IRDAI.
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Governance Concern2/10
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Liquidity Impact8/10
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Full Announcement
Religare Enterprises Limited has informed the Exchange about General Update on announcements dated February 26, 2025 and May 12, 2026
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August 05, 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 – 400 001
Scrip Symbol: RELIGARE Scrip Code: 532915
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (SEBI Listing Regulations)
Dear Sir/Madam,
This has reference to our earlier announcements dated February 26, 2025 and May 12, 2026,
wherein Company has informed about suspension of operations of MIC Insurance Web Aggregator
Private Limited (MIC), a wholly-owned subsidiary of the Company, and subsequent surrender of its
web aggregator license & closure of business.
In this regard, we would like to inform that the Insurance Regulatory and Development Authority of
India (IRDAI) vide letter dated August 05, 2026, approved the voluntary surrender of MIC’s Licence
as Insurance Web Aggregator. Consequently, MIC ceased to be an Insurance Web Aggregator
effective from August 05, 2026.
Details as prescribed under SEBI Listing Regulations read with Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026 issued by SEBI, are
enclosed herewith and marked as Annexure 1.
This is for your kind information and record.
Thanking you,
For Religare Enterprises Limited
Babu Rao P.
Group General Counsel & Group Chief Compliance Officer
Encl: As above
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 -1
Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read along with SEBI Circular No. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated January 30, 2026
Sl. Particulars Details
1. Name of the regulatory or Insurance Regulatory and Development Authority of
licensing authority India (IRDAI)
2. Brief details of the Certificate of Registration to act as Insurance Web
approval/license obtained/ Aggregator
withdrawn/ surrendered
3. Impact/relevance of such No impact as MIC is not carrying on any business
approval/license to the listed
entity
4. Withdrawal/cancellation or Not Applicable
suspension of licence/approval
by the regulatory or licensing
authority, with reasons for such
action, estimated impact
(monetary or otherwise) on the
listed entity and penalty, if any
5. Period for which such Not Applicable
approval/license is/was valid
6. Subsequently, the listed entity Not Applicable
shall inform the stock
exchange(s), the actual impact
(monetary or otherwise) along
with corrective actions taken by
the listed entity pursuant to the
withdrawal, cancellation or
suspension of the key
license/approval
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