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.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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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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RELIGARE_05082026195457_RELUPDATE05082026.pdf

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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