BSECompany Update▲ PositiveMgmt Change23 Jun 2026
Religare Enterprises Ltd
General Updates w.r.t Religare Finvest Limited (a material subsidiary of REL)''.
Religare Enterprises Ltd (REL) announced that the Reserve Bank of India (RBI) has approved the appointment of Mr. Srinivasan Karthik as a director of Religare Finvest Limited (RFL), a material subsidiary. This RBI approval, dated June 23, 2026, facilitates his appointment as Managing Director of RFL, in addition to his existing role as CEO, subject to the approval of RFL's shareholders. This follows an earlier announcement regarding his initial appointment as CEO and proposed MD.
BSEInsider Trading / SAST▲ PositiveFundraise22 Jun 2026
Religare Enterprises Ltd
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashish Dhawan
Ashish Dhawan has increased his stake in Religare Enterprises Ltd, with his total holding now at 5.42% of the diluted share capital. This increase is primarily due to the conversion of 1.7 million warrants into equity shares, issued at Rs. 235 per warrant, alongside secondary market purchases of 1.33 million equity shares. The acquisition triggered a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers Regulations as his stake crossed the 5% threshold.