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RELIGARE FINANCE LIMITED.
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- Dabur's Anand Burman, Mohit Burman, Aditya Burman set to join Religare BoardDabur's Burman family, now controlling Religare, is set to appoint three members to its board, pending RBI approval. This follows their suc...
- Burman family to infuse Rs 750 cr in Religare Enterprises as part of Rs 1,500 cr fundraiseThe Burman family will invest Rupees 750 crore in Religare Enterprises. This is part of a Rupees 1,500 crore capital raise. The Board appro...
- Rashmi Saluja's acquisition in REL via ESOPs requires investigation: Burman familyThe Burman family has accused Rashmi Saluja of acquiring a significant amount of remuneration through Employee Stock Ownership Plans (ESOPs...
- Religare Finvest concludes One-Time Settlement with lenders, resolves all legacy issues"This settlement paves the way for restarting the business of RFL and focusing on building a niche in the MSME lending space. RFL will have...
- Religare Enterprises to raise Rs 570 cr via preferential issueThe company would issue 5.41 crore shares at price of Rs 105.25 per unit to existing shareholders like Burman family (Dabur Group), Ares SS...
- Expect Religare Finvest's debt restructuring to be over in 2 months, says officialThe earlier DR plan was rejected by the Reserve Bank of India (RBI) in March 2020 as the suitor--TCG Advisory Pvt. Ltd, a part of The Chatt...
- Worst is behind, likely to complete RFL debt restructuring by December: Religare Enterprises chairpersonRFL, a NBFC arm of Religare Enterprises Ltd, has been barred from undertaking fresh business as it is under corrective action plan (CAP) of...
- Religare to sell NBFC arm to TCG Advisory for Rs 330 croreThe funds will be utilised to repay the outstanding loans to group companies.
- Religare to sell finvest stake to Chatterjee GroupReligare Finvest is a non-banking financial company that focuses on lending to small and medium enterprises.
- Religare hits 10% upper circuit on stake sale in Religare FinvestReligare Finvest reported total revenue of Rs 795.66 cr for FY19 and a net worth of Rs 946.85 cr.
- Religare Finvest skips April installment to banks; proposes debt resolution planThe Religare group company has been going through difficult times in the recent past on account of mismanagement and misappropriation of fu...
- Finance Ministry clears FDI proposal worth Rs 532 crore in DecemberThe proposal relating to Metaffinity Pvt Ltd was approved for making investment in Religare Health Insurance Company engaged in health insu...
- Religare Enterprises clarifies on NBFC licence cancellationReligare Enterprises today clarified that Religare Finance was non-operative and had voluntarily surrendered its licence.
- Reserve Bank of India suspends licences of Religare Finance, 6 Other NBFCsReserve Bank has cancelled certificate of registration of seven non-banking financial companies (NBFCs) including that of Religare Finance ...
- Nalin Nayyar appointed CEO of Religare Global Asset ManagementNalin has been with Religare Group for over four years and has over two decades of experience in the financial services industry across US,...
- Religare Enterprises raises Rs 405 cr from preferential allotmentReligare Enterprises said it has raised Rs 404.99 crore my making preferential allotment of shares to Hospitalia Information Systems.
- Religare upgrades Yes Bank to 'Buy'The stock has underperformed the BSE Bankex by 18% over the last six months.
- Religare Finvest raises Rs 100 cr via securitiesReligare Finvest on Tuesday said it has raised Rs 100 crore through the issue of securities to Mauritius-based Standard Chartered Bank.
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