BSECompany Update5d ago · 25 Aug 2026, 04:08 pm
General Updates
Religare Enterprises Ltd · 532915
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Religare Enterprises Ltd has informed that its wholly owned subsidiary, Religare Broking Limited, has made an allotment of 421,052,640 equity shares at a premium of INR 13.75 per share, amounting to INR 100,00,00,020, in pursuance of its rights issue.
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Religare Enterprises Ltd - 532915 - General Updates
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August 25, 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 of allotment of equity shares by Religare Broking Limited (RBL) wholly
owned subsidiary of the company, in its rights issue in pursuance of Regulation 30 of SEBI
(LODR) Regulation, 2015
Dear Sir(s),
With reference to the captioned subject, we would like to inform that in response to the application
of Religare Enterprises Ltd. (REL) to subscribe for equity shares of Religare Broking Limited (RBL),
wholly owned subsidiary of the REL in its rights issue, made in pursuance of the approval of Board
of Directors of REL at their meeting held on August 12, 2026, RBL has made an allotment of
4,21,05,264 Equity shares having face value of INR 10/- (Rupees Ten) each at a premium of INR
13.75/- (Thirteen Rupee and Seventy Five Paisa) amounting to INR 100,00,00,020/- on August 21,
2026, intimation received on August 24, 2026.
Relevant details as required under Regulation 30 of the SEBI Listing Regulation read with SEBI
Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are
given in Annexure-1.
This is for your kind information and record.
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 Master Circular ref.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sl. No Details of Events that need to be Information of such events(s)
provided
a. Name of the target entity, details in Religare Broking Limited (“RBL”), Registered
brief such as size, turnover etc.; with SEBI, being the target entity, is carrying on
Stock Broking business. RBL is having 50
Branches and approximately 1100 Business
Partners working for it as on June 30, 2026. RBL
is serving 2.4 Lakh active customers across age
group with a comprehensive suite of financial
service under roof.
b. whether the acquisition would fall Relationship:- RBL is a material unlisted wholly
within related party transaction(s) owned subsidiary of Religare Enterprises
and whether the promoter/ Limited (“REL”). Holding and subsidiary
promoter group/ group companies company are considered related party to each
have any interest in the entity being other. Accordingly, investment in the rights
issue of RBL by REL (Acquisition) can be said to
acquired?
be related party transaction.
If yes, nature of interest and details
Further, the investment in right issue of RBL was
thereof and whether the same is
made at the price offered uniformly to all the
done at “arm length’s”
shareholders, therefore the transaction is said to
be at arm’s length.
Further, the promoter of REL does not have any
interest in RBL.
c. Industry to which the entity being Stock Broking
acquired belongs;
d. Objects and effects of REL is registered with Reserve Bank of India
acquisition (including but not (RBI) as Core Investment Company (CIC). As a
limited to, disclosure of reasons for Core Investment Company, REL is primarily
acquisition of target entity, if its engaged in the business of investment in
business is outside the main line of shares/securities of and lending to, its group
companies. Accordingly, REL subscribed to the
business of the Company);
shares of its subsidiary, RBL, offered in rights
issue.
The proceeds out of right issue of RBL shall be
utilized in the general business operations of the
Company including scaling up margin trade
financing book (MTF) and working capital
requirement of the business etc.
e. Brief details of any governmental or Not Applicable for REL
regulatory approvals required for
the acquisition;
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
f. Indicative time period for Pursuant to the intimation of allotment received
completion of the acquisition; by REL on August 24, 2026, acquisition is
deemed to have been completed on same day.
g. Nature of consideration - whether Cash
cash consideration or share swap
and details of the same
h. Cost of acquisition or the price at Acquisition of shares:- 4,21,05,264 equity
which the shares are acquired; shares of Face Value of INR 10/- each at a
Premium of INR 13.75/- of RBL amounting to
INR 100,00,00,020/- (Rupees Hundred Crores
and Twenty Only).
i. Percentage of shareholding / Total Number of equity shares acquired:-
control acquired and / or number 4,21,05,264
of shares acquired;
j. brief background about the Following are the details of target entity:-
entity acquired in terms of Line of business:- Stock Broking and
products/line of business acquired, Depository services.
date of incorporation, history of last Date of incorporation:- 20.07.2016
3 years turnover, country in which Last three years turnover (In Rs. Crores):-
the acquired entity has presence (i) FY 2023-24*:- Rs. 324.92
and any other significant
(ii) FY 2024-25*:- Rs. 325.96
information (in brief)
(iii) FY 2025-26:- Rs. 315.03
Country of operations:- India
Further details about the target company can be
accessed at below link:-
https://www.religareonline.com/
*Turnover figures for FY 2023-24 and 2024-25 are post giving the effect of the Scheme of
Arrangement approved by Hon’ble NCLT vide its order date June 13, 2025 for transfer of E
Governance undertaking from Religare Broking Limited to Religare Digital Solutions Limited.
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