Last close ₹209.93up ₹1.92 (0.92%)BSE ₹209.95
Share price at the NSE close on 23 Oct 2026. Previous close ₹208.01.
52-week range of traded prices to 23 Oct 2026
₹196.51Low, 9 Mar 2026₹280.00High, 25 Jun 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹7,237 Cr638th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Oct 2026
- 146.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 2.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Oct 2026
- 1.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Oct 2026
- 0.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 10,97,01953.6% delivered
Religare Enterprises board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRajender Mohan Malla
- Company Secretary and Compliance OfficerAnuj Jain
9 directors6 independent1 executive2 non-executive
- Malay Kumar SinhaIndependent · joined May 2018 · reappointed May 2023 · 97 months as independent · 1 listed board · 1 as independent · 6 committee seats, 1 as chair
- Praveen Kumar TripathiIndependent · joined Dec 2021 · reappointed Dec 2021 · 54 months as independent · 3 listed boards · 2 as independent · 9 committee seats, 2 as chair
- Ranjan DwivediIndependent · joined Dec 2021 · reappointed Dec 2021 · 54 months as independent · 1 listed board · 1 as independent
- Preeti MadanIndependent · joined Jan 2023 · reappointed Jan 2023 · 41 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Shrikant SomaniIndependent · joined Feb 2025 · reappointed Feb 2025 · 16 months as independent · 3 listed boards · 3 as independent · 5 committee seats
- Rajender Mohan Malla · ChairpersonIndependent · joined Feb 2025 · reappointed Feb 2025 · 16 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 4 as chair
- Arjun LambaExecutive · joined Jul 2025 · 11 months as independent · 2 listed boards · 3 committee seats
- Gurumurthy RamanathanNon-executive · joined Jul 2025 · 11 months as independent · 2 listed boards · 3 committee seats, 1 as chair
- Suresh MahalingamNon-executive · joined Jul 2025 · 11 months as independent · 1 listed board · 1 committee seat, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Rashmi Saluja, left 7 Feb 2025: Others
- Hamid Ahmed, left 4 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 Jun 20269 of 9 present6 independent · 37 days in between
- 12 May 20268 of 9 present5 independent · 42 days in between
- 30 Mar 20269 of 9 present6 independent · 43 days in between
- 14 Feb 20269 of 9 present6 independent
Audit Committee
Chair Praveen Kumar Tripathi
Malay Kumar Sinha, Preeti Madan, Shrikant Somani, Gurumurthy Ramanathan, Rajender Mohan Malla
- 19 Jun 20266 of 6 present5 independent · 37 days in between
- 12 May 20265 of 6 present3 independent · 42 days in between
- 30 Mar 20266 of 6 present4 independent · 43 days in between
- 14 Feb 20266 of 6 present4 independent
Nomination and remuneration committee
Chair Praveen Kumar Tripathi
Malay Kumar Sinha, Rajender Mohan Malla, Shrikant Somani, Suresh Mahalingam
- 12 May 20264 of 5 present3 independent · 42 days in between
- 30 Mar 20266 of 6 present4 independent
Stakeholders Relationship Committee
Chair Malay Kumar Sinha
Preeti Madan, Shrikant Somani
- 12 May 20262 of 3 present2 independent
Risk Management Committee
Chair Malay Kumar Sinha
Ranjan Dwivedi, Preeti Madan, Praveen Kumar Tripathi, Rajesh Sharma, Babu Rao Priya
- 12 May 20264 of 4 present4 independent · 90 days in between
- 10 Feb 20264 of 4 present4 independent
Corporate Social Responsibility Committee
Chair Praveen Kumar Tripathi
Preeti Madan, Ranjan Dwivedi
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- J C Bhalla & CompanyPeer-review certificate valid to Jan 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Religare Enterprises AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Religare Enterprises dividend history
Annual general meeting, 24 Sep 2026
66,316 shareholders on the register on 17 Sep 2026; present: 0 promoters and 146 others; votes counted by Ankush Agarwal / MAKS & Co..The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial StatementsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.05% · other public 0.00%
Turnout: all 51.32% · promoters 84.79% · institutions 35.91% · other public 36.16%
- Adoption of Audited Consolidated Financial StatementsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.05% · other public 0.00%
Turnout: all 51.32% · promoters 84.79% · institutions 35.91% · other public 36.16%
- Appointment of a Director in place of Mr. Gurumurthy Ramanathan (DIN: 10366010), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.88% for0.12% against
Against: promoters 0.00% · institutions 1.02% · other public 0.00%
Turnout: all 51.32% · promoters 84.79% · institutions 35.91% · other public 36.16%
- To approve the re-designation of Mr. Arjun Lamba (DIN: 00124804), Whole-time Director (designated as Executive Director), as the Managing Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.03% · other public 0.00%
Turnout: all 51.32% · promoters 84.79% · institutions 35.91% · other public 36.16%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 5 May 2026, 2 resolutions
77,860 shareholders on the register on 28 Apr 2026; present: 0 promoters and 101 others; votes counted by Ankush Agarwal / MAKS & Co..The company's voting result (opens in a new tab)
- To shift Registered Office of the Company from National Capital Territory of Delhi to the State of Haryana and consequential amendment in Clause II of the Memorandum of AssociationSpecial98.48% for1.52% against
Against: promoters 0.00% · institutions 0.02% · other public 4.65%
Turnout: all 56.70% · promoters 100.00% · institutions 47.43% · other public 34.90%
To approve the appointment of Mr. Arjun Lamba (DIN: 00124804), Non-Executive and Non-Independent Director of the Company as Whole Time Director (designated as Executive Director) of the Company and terms of appointment including remunerationMoreLess
Special95.53% for4.47% againstAgainst: promoters 0.00% · institutions 21.14% · other public 4.66%
Turnout: all 56.70% · promoters 100.00% · institutions 47.43% · other public 34.90%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2025, 5 resolutions
90,643 shareholders on the register on 22 Oct 2025; present: 0 promoters and 131 others; votes counted by Ankush Agarwal / MAKS & CO., Company Secretaries.The company's voting result (opens in a new tab)
Adoption of Audited Financial Statements of the Company (including Consolidated Financial Statements) and the Reports of the Board of Directors and the Auditors thereon for the Financial Year ended March 31, 2025MoreLess
Ordinary87.79% for12.21% againstAgainst: promoters 0.00% · institutions 69.06% · other public 0.00%
Turnout: all 50.74% · promoters 100.00% · institutions 49.20% · other public 28.50%
- Appointment of a Director in place of Mr. Suresh Mahalingam (DIN: 01781730), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.44% · other public 0.00%
Turnout: all 50.74% · promoters 100.00% · institutions 49.20% · other public 28.51%
- Appointment of Statutory Auditors and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.74% · promoters 100.00% · institutions 49.20% · other public 28.50%
- Appointment of Secretarial Auditors and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.74% · promoters 100.00% · institutions 49.20% · other public 28.50%
- Approval for fixation of limit of Borrowing which can be made by the Company and creation of security thereforeSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 50.74% · promoters 100.00% · institutions 49.20% · other public 28.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 8 Aug 2025, 1 resolution
81,945 shareholders on the register on 1 Aug 2025; present: 0 promoters and 147 others; votes counted by Ankush Agarwal / MAKS & CO., Company Secretaries.The company's voting result (opens in a new tab)
- Issuance of Warrants Convertible into Equity Shares by way of Preferential Allotment on a Private Placement basis and matters related therewithSpecial83.79% for16.21% against
Against: promoters 0.00% · institutions 74.77% · other public 0.01%
Turnout: all 51.98% · promoters 100.00% · institutions 59.66% · other public 26.92%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 10 Apr 2025, 8 resolutions
79,769 shareholders on the register on 3 Apr 2025; present: 0 promoters and 84 others; votes counted by Ankush Agarwal / MAKS & CO., Company Secretaries.The company's voting result (opens in a new tab)
- To amend the Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
- To take note of appointment of Ms J C Bhalla & Company Chartered Accountants Firm Registration No 001111Nas the statutory auditors and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
- To approve appointment of Mr Rajender Mohan Malla DIN 00136657 as Non Executive Independent Director of the Company for a term of 5 consecutive yearsSpecial99.02% for0.98% against
Against: promoters 0.00% · institutions 5.07% · other public 0.00%
Turnout: all 54.29% · promoters 100.00% · institutions 52.33% · other public 33.34%
- To approve appointment of Mr Shrikant Shreeniwas Somani DIN 00085039 as Non Executive Independent Director of the Company for a term of 5 consecutive yearsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
- To approve appointment of Mr Abhay Kumar Agarwal DIN 00042882 as Non Executive and Non Independent Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
- To approve appointment of Mr Arjun Lamba DIN 00124804 as Non Executive and Non Independent Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
- To approve appointment of Mr Gurumurthy Ramanathan DIN 10366010 as Non Executive and Non Independent Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
- To approve appointment of Mr Suresh Mahalingam DIN 01781730 as Non Executive and Non Independent Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 54.33% · promoters 100.00% · institutions 52.33% · other public 33.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 7 Feb 2025, 3 resolutions
87,269 shareholders on the register on 31 Jan 2025; present: 0 promoters and 241 others; votes counted by Ankush Agarwal / MAKS & CO., Company Secretaries.The company's voting result (opens in a new tab)
- To Consider & Adopt Audited Financial Statements (including Consolidated Financial Statements) and the Report of Board of Directors and Auditors thereon for the year ended March 31, 2024Ordinary79.07% for20.93% against
Against: promoters 0.00% · institutions 44.04% · other public 17.46%
Turnout: all 55.99% · promoters 0.00% · institutions 53.12% · other public 56.45%
- To appoint a Director in place of Dr. Rashmi Saluja (DIN: 01715298), who retires by rotation and being eligible, offers herself for re-appointmentOrdinaryNot passed2.47% for97.53% against
Against: promoters 0.00% · institutions 99.65% · other public 97.23%
Turnout: all 59.33% · promoters 0.00% · institutions 53.12% · other public 60.32%
- To appoint Statutory Auditors and to fix their remunerationOrdinaryNot passed23.03% for76.97% against
Against: promoters 0.00% · institutions 58.25% · other public 79.65%
Turnout: all 58.47% · promoters 0.00% · institutions 53.12% · other public 59.32%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 21 Mar 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Approve the investment by way of subscription of securities of MIC Insurance Web Aggregator Private Limited (“MIC”), wholly owned subsidiary of the CompanySpecial26.12% for73.88% against
Against: promoters 0.00% · institutions 5.56% · other public 84.21%
Turnout: all 61.88% · promoters 0.00% · institutions 52.96% · other public 63.49%
- Amend the Articles of Association of the CompanySpecial68.10% for31.90% against
Against: promoters 0.00% · institutions 2.58% · other public 39.43%
Turnout: all 39.77% · promoters 0.00% · institutions 52.96% · other public 37.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2023, 2 resolutions
Present: 0 promoters and 150 others.The company's voting result (opens in a new tab)
- Consider & Adopt Audited Financial Statements (including Consolidated Financial Statements) and the Report of Board of Directors and Auditors thereon for the year ended March 31, 2023Ordinary99.57% for0.43% against
Against: promoters 0.00% · institutions 0.00% · other public 0.46%
Turnout: all 59.06% · promoters 0.00% · institutions 23.90% · other public 67.61%
- Re-appoint Dr. Rashmi Saluja, who retires by rotation and being eligible, offers herself for re-appointmentOrdinary98.57% for1.43% against
Against: promoters 0.00% · institutions 10.02% · other public 0.67%
Turnout: all 59.19% · promoters 0.00% · institutions 24.52% · other public 67.61%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 24 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
- Adoption of Audited Standalone Financial Statements1 for0 against
- Adoption of Audited Consolidated Financial Statements1 for0 against
- Appointment of a Director in place of Mr. Gurumurthy Ramanathan (DIN: 10366010), who retires by rotation and being eligible, offers himself for re-appointment1 for0 against
- To approve the re-designation of Mr. Arjun Lamba (DIN: 00124804), Whole-time Director (designated as Executive Director), as the Managing Director of the Company
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance & transparency Concern: The proposed Executive remuneration appears to be excessive with regards to the Company’s size and performance. Further, the Company has not capped the potential ESOP grants that may be made to Mr. Arjun Lamba in the future. In the absence of such disclosure, shareholders are unable to assess the potential economic benefit due to the future ESOP grant. Lastly, Mr. Lamba holds two full-time positions in unrelated businesses.
0 for1 against
Mutual fund votes, meeting of 5 May 2026, 6 fund houses
- To shift Registered Office of the Company from National Capital Territory of Delhi to the State of Haryana and consequential amendment in Clause II of the Memorandum of Association
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund
- Angel One Mutual FundTransparency Concern: Inadequate disclosure with regards to the justification for the proposed change in Registered address. Furthermore, the Company has not provided details of the Specific city/place, for the shareholders to make an informed decision.
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Transparency Concern: Inadequate disclosure w.r.t the justification for the proposed change in Registered address. Furthermore, the Company has not provided details of the Specific city/place, for the shareholders to make an informed decision.
3 for3 against To approve the appointment of Mr. Arjun Lamba (DIN: 00124804), Non-Executive and Non-Independent Director of the Company as Whole Time Director (designated as Executive Director) of the Company and terms of appointment including remunerationMoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund
- Angel One Mutual FundGovernance & transparency Concern: The proposed Executive remuneration appears to be excessive with regards to the Company’s size and performance. Further, the Company has not capped the potential ESOP grants that may be made to Mr. Arjun Lamba in the future. In the absence of such disclosure, shareholders are unable to assess the potential economic benefit due to the future ESOP grant. Lastly, Mr. Lamba holds two full-time positions in unrelated businesses.
- Bandhan Mutual Fund, Groww Mutual FundCompliant with Law. No concern has been identified on the merits of the proposed Director. Governance & transparency Concern: The proposed Executive remuneration appears to be excessive w.r.t the Company’s size and performance. Further, the Company has not capped the potential ESOP grants that may be made to Mr. Arjun Lamba in the future. In the absence of such disclosure, shareholders are unable to assess the potential economic benefit due to the future ESOP grant. Lastly, Mr. Lamba holds two full-time positions in unrelated businesses.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for4 against
6 earlier meetings
Mutual fund votes, meeting of 29 Sep 2025, 6 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Appointment of a Director in place of Mr. Suresh Mahalingam (DIN: 01781730), who retires by rotation and being eligible, offers himself for re-appointment6 for0 against
4 proposals not matched to one resolution
Appointment of M/s J C Bhalla and Company, Chartered Accountants (FRN No. 001111N) as the Statutory Auditors of the Company to hold office for a period of next two years, from the conclusion of this 41st Annual General Meeting until the conclusion of the 43rd Annual General Meeting of the Company to be held in the year 2027, subject to their satisfying eligibility criteria as may be prescribed by the RBI or any regulatory authority each year, at such remuneration.MoreLess
6 for0 againstAppointment of M/s. PI and Associates, a Peer Reviewed Firm of Company Secretaries in Practice (FRN P2014UP035400 and Peer Review No. 1498/2021), as the Secretarial Auditor of the Company for the first term of 5 (five) consecutive years commencing from the financial year 2025-2026 to financial year 2029-2030, at such remuneration plus taxes as applicable and reimbursement of out of pocket, travelling and other expenses, etc. incurred in connection with the audit subject to such modifications, if any, as may be mutually agreed from time to time between the Board of Directors of the Company (hereinafter referred to as the Board which expression shall include any Committee thereof or person(s) authorized by the Board) and the Secretarial Auditors.MoreLess
6 for0 againstTo borrow from time to time, any sum of monies, which together with the monies already borrowed by the Company (apart from temporary loans obtained or to be obtained from the Company's bankers in the Ordinary course of business) which may exceed the aggregate of the paid-up capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose provided that the total outstanding amount so borrowed shall not at any time exceed the limit of Rs. 20,00,00,00,000/- over and above the aggregate of the paid-up capital of the Company and its free reserves and securities premium and (b) to hypothecate/mortgage/ pledge and/or create charge on all or any immovable and movable properties/assets of the Company both present and future or the whole or substantially the whole of the undertaking(s) of the Company for securing any borrowings of the Company together with interest, costs, charges, expenses and any other monies payable by the Company within the overall ceiling approved by the Members of the Company, in terms of Section 180(1) (c) of the Companies Act, 2013.MoreLess
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
5 for1 againstTo receive, consider and adopt: a) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 including Balance Sheet as at March 31, 2025, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Reports of the Board of Directors and the Auditors thereon b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 including Balance Sheet as at March 31, 2025, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Report of the Auditors thereon.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundNon-disclosure of audited financial statements of subsidiaries on the website of the Company.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified financial statements except non-material remarks in CARO Report. Non-Compliant with S.136(1) of the Companies Act & Regulation 46(2)(s) of SEBI LODR: Non-disclosure of audited financial statements of subsidiaries on the website of the Company.
2 for4 against
Mutual fund votes, meeting of 8 Aug 2025, 6 fund houses
- Issuance of Warrants Convertible into Equity Shares by way of Preferential Allotment on a Private Placement basis and matters related therewith
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Warrants are priced at par with equity; Significant potential dilution and no clarity regarding why Rights Issue is not preferred; Preferential allotment to Promoters without any justification or substantial premium.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Warrants are priced at par with equity; Significant potential dilution and no clarity regarding why Rights Issue is not preferred; Preferential allotment to Promoters without any justification or substantial premium.
2 for4 against
Mutual fund votes, meeting of 10 Apr 2025, 6 fund houses
- To amend the Articles of Association of the Company6 for0 against
- To take note of appointment of Ms J C Bhalla & Company Chartered Accountants Firm Registration No 001111Nas the statutory auditors and to fix their remuneration6 for0 against
- To approve appointment of Mr Rajender Mohan Malla DIN 00136657 as Non Executive Independent Director of the Company for a term of 5 consecutive years6 for0 against
- To approve appointment of Mr Shrikant Shreeniwas Somani DIN 00085039 as Non Executive Independent Director of the Company for a term of 5 consecutive years6 for0 against
- To approve appointment of Mr Abhay Kumar Agarwal DIN 00042882 as Non Executive and Non Independent Director of the Company6 for0 against
- To approve appointment of Mr Arjun Lamba DIN 00124804 as Non Executive and Non Independent Director of the Company6 for0 against
- To approve appointment of Mr Gurumurthy Ramanathan DIN 10366010 as Non Executive and Non Independent Director of the Company6 for0 against
- To approve appointment of Mr Suresh Mahalingam DIN 01781730 as Non Executive and Non Independent Director of the Company6 for0 against
Mutual fund votes, meeting of 7 Feb 2025, 5 fund houses
- To Consider & Adopt Audited Financial Statements (including Consolidated Financial Statements) and the Report of Board of Directors and Auditors thereon for the year ended March 31, 2024
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of certain subsidiary companies on the Company Website.
- Motilal Oswal Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of subsidiary companies on the Company Website.
2 for3 against - To appoint a Director in place of Dr. Rashmi Saluja (DIN: 01715298), who retires by rotation and being eligible, offers herself for re-appointment
Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Samco Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concerns: Disproportionate & excessive ESOPs at Company and Group Level; Governance issues over the conduct of directorship. Quantum of remuneration not in line with the Growth of the Company and the industry peers. Apparent contravention of regulatory order. Holds combined position of Executive Chairperson.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
- Samco Mutual FundDr. Rashmi Saluja's potential appointment as an Independent Director of Religare Enterprises Limited (REL) must be subject to scrutiny due to the following areas of concern which warrant careful evaluation. Insider Trading Allegations: Dr. Saluja has been accused of engaging in insider trading. In September 2023, reports indicate that she sold 1.29 million shares of REL after becoming aware of the Burman family’s open offer for the company. Additionally, in March 2024, she reportedly sold another 2.71 million shares while in possession of unpublished price-sensitive information. These actions led to the Securities and Exchange Board of India (SEBI) issuing a show-cause notice to her in August 2024, a move that reflects the seriousness of the allegations. Regulatory Penalties: During Dr. Saluja’s tenure, Care Health Insurance, a subsidiary of REL, faced penalties from the Insurance Regulatory and Development Authority of India (IRDAI). In July 2024, IRDAI imposed a ₹1 crore penalty on the company for regulatory non-compliance related to shares allotted to her. The IRDAI also directed the company to buy back the shares in question, although this order was subsequently stayed by the Securities Appellate Tribunal. Filing of FIR: In September 2024, an FIR was registered against Dr. Saluja and other senior officials of REL. The complaint alleged that false accusations were made against the Burman family, the largest shareholders of REL. This legal issue highlights ongoing disputes and challenges within the company’s management. Stakeholder Opposition: The Burman family, who are the largest shareholders of REL, have opposed Dr. Saluja’s continued role in the company. Their opposition reflects a significant divergence between REL’s management and its shareholders, raising questions about alignment on key governance and operational issues. In light of the documented concerns, including allegations of insider trading, regulatory penalties imposed on a subsidiary during her tenure, legal disputes involving an FIR, and significant stakeholder opposition, it is evident that Dr. Rashmi Saluja’s appointment as an Independent Director of Religare Enterprises Limited poses substantial challenges. These issues raise serious questions about her ability to fulfil the responsibilities of an Independent Director, which require impartiality, adherence to corporate governance standards, and the ability to act in the best interests of all stakeholders. Therefore, the resolution to appoint Dr. Rashmi Saluja as an Independent Director must not be passed to safeguard the integrity and governance framework of Religare Enterprises Limited.
0 for5 against - To appoint Statutory Auditors and to fix their remuneration
Against Samco Mutual Fund
- Samco Mutual FundThe resolution to appoint M/s Kirtane & Pandit LLP, Chartered Accountants, as Auditors of the Company must not be approved due to the potential management shift anticipated within the Company. With the Burman family possibly proceeding with an open offer, a change in promoters is likely. In light of this, it is deemed prudent to defer the appointment of auditors until the takeover process is completed and the new management is in place to elect the new auditors to ensure alignment with strategic and operational direction of the company. Thus the resolution must not be passed.
4 for1 against
Mutual fund votes, meeting of 21 Mar 2024, 2 fund houses
- Approve the investment by way of subscription of securities of MIC Insurance Web Aggregator Private Limited (“MIC”), wholly owned subsidiary of the Company2 for0 against
- Amend the Articles of Association of the Company2 for0 against
Mutual fund votes, meeting of 27 Sep 2023, 1 fund house
- Consider & Adopt Audited Financial Statements (including Consolidated Financial Statements) and the Report of Board of Directors and Auditors thereon for the year ended March 31, 20231 for0 against
- Re-appoint Dr. Rashmi Saluja, who retires by rotation and being eligible, offers herself for re-appointment1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyNational Stock Exchange of India LimitedSince 12 May 2026
Fine of Rs. 25000
Religare Broking Limited (RBL) has provided margin trading facility in non-eligible securities (other than Group 1 security) in case of 1 scrip (RADIOCITY) - Fine or penaltyNational Stock Exchange of India LimitedSince 18 Jun 2026
Fine of Rs. 25000
Religare Broking Limited (RBL) has provided margin trading facility in non-eligible securities (other than Group 1 security) in case of 1 scrip (RADIOCITY) - Tax disputeIncome Tax Department -NATIONAL FACELESS APPEAL CENTRE (NFAC) (Company's Appeal for A.Y. 2011-12)Since 31 Mar 2024The company's appeal is pending before CIT - Appeals. All the submissions have been filed before the said authority and further communication is awaited from the authority.
- Tax disputeIncome Tax Department -Pr. Commissioner of Income tax-7, New Delhi (Department's Appeal for A.Y. 2014-15)Since 29 Apr 2024The department's appeal is pending before Hon'ble Supreme Court (SC). The matter has been adjourned sine-die considering the decision of SC in Adani Wilmar Ltd.
- Tax disputeIncome Tax Department -ACIT, Circle-19, New Delhi (Company's Appeal for A.Y. 2016-17)Since 31 Mar 2021The company's appeal is pending before Hon'ble Delhi High Court (DHC). Next date of hearing is 16.09.2026.At the filing before: The company's appeal is pending before Hon'ble Delhi High Court (DHC). Next date of hearing is 14th July, 2026.
- Tax disputeIncome Tax Department -Pr. Commissioner of Income tax-7, New Delhi (Department's Appeal for A.Y. 2016-17)Since 17 Jan 2024The company's appeal is pending before Hon'ble Delhi High Court (DHC). Next date of hearing is 16.09.2026.At the filing before: The department's appeal is pending before Hon'ble Delhi High Court (DHC). Next date of hearing is 14th July, 2026.
- Tax disputeIncome Tax Department -ACIT, Circle-19, New Delhi (Company's Appeal for A.Y. 2017-18)Since 24 Jan 2022
The company's appeal is pending before ITAT. The matter was listed before ITAT for adjudication on 04.05.2026, however, the matter has been adjourned sine-die due to pending adjudication by Hon’ble Supreme Court on the limitation issue in the case of Shelf Drilling Ron Tappmeyer.MoreLess
At the filing before: The company's appeal is pending before ITAT. The matter is listed for hearing on 04th May, 2026. - Tax disputeIncome Tax Department -ACIT, Circle-21(1), New Delhi (Department's Appeal for A.Y. 2012-13)Since 29 Nov 2018
The department's appeal for Religare Securities Limited (now merged with Religare Enterprises Limited) vide order dated 22.12.2025 has been concluded by the ITAT. In the aforesaid order the ITAT has partly allowed the matter in the favour of the company and on one ground the ITAT has remanded back the matter to CIT-A for fresh adjudication. The company has approached to Delhi High Court, seeking direction for adjudication of the matter by Hon’ble ITAT. However, the Delhi High Court vide its order dated 18.05.2026 has uphold the order of ITAT and directed the CIT-A to adjudicate the matter on priority.MoreLess
At the filing before: The department's appeal for Religare Securities Limited (now merged with Religare Enterprises Limited) vide order dated 22.12.2025 has been concluded by the ITAT. In the aforesaid order the ITAT has partly allowed the matter in the favour of the company and on one ground the ITAT has remanded back the matter to CIT-A for fresh adjudication. The Company is in process of filing an appeal before Delhi High Court against the ITAT order.MoreLess
38 more
- Tax disputeIncome Tax Department -DCIT, Circle-21(1), New Delhi (Company's Appeal for A.Y. 2016-17)Since 25 Nov 2019
The company's appeal for Religare Securities Limited (now merged with Religare Enterprises Limited) is pending before CIT - Appeals. All the submissions have been filed before the said authority and further communication is awaited from the authority.MoreLess
- Tax disputeIncome Tax Department - ACIT, Circle -19(1), New Delhi (Company's Appeal for A.Y. 2020-21)Since 28 Feb 2024The company's appeal for Religare Securities Limited (now merged with Religare Enterprises Limited) is pending before Delhi High Court. Next date of hearing is 10.09.2026.At the filing before: The company's appeal for Religare Securities Limited (now merged with Religare Enterprises Limited) is pending before Delhi High Court. Next date of hearing is 19th May 2026.
- Tax disputeDeputy Commissioner of Commercial Tax (Appeals-1), Gujarat (Company's Appeal for F.Y. 2015-16)Since 21 Mar 2020
The Company has filed the appeal before Deputy Commissioner of Commercial Tax (Appeals-1) on 23 July 2020 for Religare Comtrade Limited (now merged with Religare Enterprises Limited). Currently, the matter is pending for adjudication.MoreLess
- Tax disputeDeputy Commissioner of State Tax, Uttar Pradesh (Company's Appeal for FY 2021-22)Since 24 Dec 2025
The Company has received a demand order on 24 December 2025 against which the Company has filed an appeal on 23 March 2026. The Commissioner issued an intimation scheduling the personal hearing on 28 April 2026. Pursuant to the same, the authorised representative of the Company appeared before the Appellate Authority and made detailed submissions on the matter. Further communication is awaited from the Appellate Authority.MoreLess
At the filing before: The Company has received a demand order on 24 December 2025 against which the Company has filed an appeal on 23 March 2026 which is pending for hearing - Tax disputeCommissioner of Central tax, Delhi South Commissionerate (Department's Appeal for FY 2014-15 to 2017-18)Since 11 May 2026
The Company filed an appeal before the Appellate Authority and duly attended the personal hearings. Pursuant to the submissions made, the Appellate Authority passed an order dated 5 December 2024, whereby the demand of INR 82,63,259, along with the applicable interest and penalty, was dropped to NIL. Subsequently, the Commissioner of Central Tax filed an appeal before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) against the said order on 8 October 2025. The Company was informed of the departmental appeal by its legal counsel on 11 May 2026. The appeal is presently pending for listing before the Hon’ble CESTAT, and the Company will file its written submissions and represent the matter at the time of hearing which is pending to be alloted.MoreLess
- Tax disputeIncome Tax Department (Company's Appeal for A.Y. 2012-13)Since 13 Jul 2023
ITAT has remanded the matter to CIT-Appeals for fresh consideration vide its order dated 13th July 2023. Notice has been received from CIT-Appeals; against which, complete submissions have been made by Religare Finvest Limited, subsidiary of Religare Enterprises Limited. The matter is currently pending for adjudication.MoreLess
At the filing before: ITAT has remanded the matter to CIT-Appeals for fresh consideration vide its order dated 13th July 2023. Notice has been received from CIT-Appeals; against which, complete submissions have been made by Religare Finvest Ltd., subsidiary of Religare Enterprises Limited.MoreLess
- Tax disputeIncome Tax Department (Company's Appeal for A.Y. 2016-17)Since 5 Aug 2020
Appeal by Religare Finvest Ltd. (RFL), subsidiary of Religare Enterprises Limited is pending before CIT - Appeals. All the submissions have been filed by the Company before CIT - Appeals and the matter is pending for adjudication.MoreLess
At the filing before: Appeal by Religare Finvest Ltd. (RFL), subsidiary of Religare Enterprises Limited is pending before CIT - Appeals. All the submissions have been filed by the Religare Finvest Limited, subsidiary of Religare Enterprises Limited. before CIT - Appeals and the matter is pending for adjudication.MoreLess
- Tax disputeIncome Tax Department (Company's Appeal for A.Y. 2017-18)Since 28 Jan 2020
Appeal by Religare Finvest Ltd. (RFL), subsidiary of Religare Enterprises Limited is pending before CIT - Appeals. All the submissions have been filed by the Company before CIT - Appeals and the matter is pending for adjudication.MoreLess
At the filing before: Appeal by Religare Finvest Ltd. (RFL), subsidiary of Religare Enterprises Limited is pending before CIT - Appeals. All the submissions have been filed by theReligare Finvest Limited, subsidiary of Religare Enterprises Limited. before CIT - Appeals and the matter is pending for adjudication.MoreLess
- Tax disputeIncome Tax Department (Company's Appeal for A.Y. 2018-19)Since 29 Sep 2021
The CIT-A vide its order dated 12th February,2026 has statically allowed the appeal and directed Assessing Officer to verify the relevant records and grant the consequential refund in accordance to the law. The matter is presently pending before Assessing Officer for adjudication. Further, in view of certain ambiguities in the order passed by the CIT-A, the Religare Finvest Ltd. (RFL), subsidiary of Religare Enterprises Limited has filed a rectification application seeking appropriate clarification to ensure proper implementation of the appellate order.MoreLess
At the filing before: Appeal by Religare Finvest Ltd. (RFL), subsidiary of Religare Enterprises Limited has been statically allowed by CIT - Appeals vide order dated 12th February 2026. Rectification application has been filed by the Religare Finvest Limited, subsidiary of Religare Enterprises Limited before CIT - Appeals against such order; which is pending for adjudication by CIT - Appeals.MoreLess
- Tax disputeIncome Tax Department (Company's Writ for A.Y. 2016-17)Since 6 May 2024Religare Finvest Limited, subsidiary of Religare Enterprises Limited has filed a writ petition, which is pending before Delhi HC. Next date of hearing is 27th October, 2026At the filing before: Religare Finvest Limited, subsidiary of Religare Enterprises Limited has filed a writ petition, which is pending before Delhi HC. Next date of hearing is 13th May 2026.
- Tax disputeIncome Tax Department (Company's Writ for A.Y. 2017-18)Since 6 May 2024Religare Finvest Limited, subsidiary of Religare Enterprises Limited has filed a writ petition, which is pending before Delhi HC. Next date of hearing is 27th October, 2026At the filing before: Religare Finvest Limited, subsidiary of Religare Enterprises Limited has filed a writ petition, which is pending before Delhi HC. Next date of hearing is 13th May 2026.
- Tax disputeOffice of the Commissioner, Central Excise Commissionerate, HaryanaSince 26 Nov 2023The Appeal has been filed by the Religare Securities Ltd. (RSL) and order is awaited from CESTAT. The Company's appeal is pending before CESTAT (Tribunal).At the filing before: Appeal by Religare Securities Ltd. (RSL), now merged with Religare Enterprises Limited, is pending before CESTAT (Tribunal). Order is awaited from CESTAT.
- Tax disputeSuperintendent CGST & Central Excise, Range-IV, Bhubaneswar, OdishaSince 31 Jan 2025Appeal by Religare Securities Ltd. (RSL), now merged with Religare Enterprises Limited, is pending before Appellate Authority. Order is awaited from Appellate Authority.
- Tax disputeDeputy Commissioner of State Tax, Mumbai, MaharashtraSince 18 Jan 2023
Religare Broking Ltd., subsidiary of Religare Enterprises Limited has received the order from the Appellate authority and has filed the appeal before the Goods and Services Tax Appellate tribunal (GSTAT) on 24 June 2026. Currently the appeal is pending for hearing before the GSTAT.MoreLess
At the filing before: Religare Broking Ltd., subsidiary of Religare Enterprises Limited, has received the order from the Appellate authority and will file the appeal before the Goods and Services Tax Appellate tribunal (GSTAT) by 30 June 2026.MoreLess
- Tax disputeSuperintendent, State Tax, Range-50, Connaught Place, DelhiSince 28 Feb 2025Appeal by Religare Broking Ltd., subsidiary of Religare Enterprises Limited, is pending before Appellate Authority. Order is awaited.
- Tax disputeAssistant commissioner of state tax Bhopal Zone and Division, Madhya PradeshSince 25 Feb 2025Appeal by Religare Broking Ltd. subsidiary of Religare Enterprises Limited,is pending before Appellate Authority. Order is awaited.
- Tax disputeAssistant commissioner of state tax Bhopal Zone and Division, Madhya PradeshSince 17 Dec 2025
Religare Broking Ltd. subsidiary of Religare Enterprises Limited, has received the demand order from the Jurisdictional office and hence filed the appeal before the Appellate Authority which is pending for hearing.MoreLess
At the filing before: Religare Broking Ltd. subsidiary of Religare Enterprises Limited, has received the demand order from the Jurisdictional office and hence filed the appeal before the Appellate Authority on 16 March 2026. Matter is pending for hearingMoreLess
- Tax disputeDeputy commissioner of state tax, MaharashtraSince 11 Dec 2025
Religare Broking Ltd. subsidiary of Religare Enterprises Limited, has received the demand order from the Jurisdictional office and hence filed the appeal before the Appellate Authority which is pending for hearing.MoreLess
At the filing before: Religare Broking Ltd. subsidiary of Religare Enterprises Limited, has received the demand order from the Jurisdictional office and hence filed the appeal before the Appellate Authority on 10 March 2026. Matter is pending for hearingMoreLess
- Tax disputeState Tax Officer, GujaratSince 24 Dec 2025
Religare Broking Ltd. subsidiary of Religare Enterprises Limited, has received the demand order from the Jurisdictional office and hence filed the appeal before the Appellate Authority which is pending for hearing.MoreLess
At the filing before: Religare Broking Ltd. subsidiary of Religare Enterprises Limited, has received the demand order from the Jurisdictional office and hence filed the appeal before the Appellate Authority on 23 March 2026.MoreLess
- Tax disputeAppellate Authority, Commissioner (Appeals), State Tax, DelhiSince 25 Aug 2024The Appeal has been filed by Religare Commodities Ltd. (RCL), step down subsidiary of Religare Enterprises Limited, before Appellate Authority and order is awaited from Appellate Authority.
- Tax disputeAppellate Authority, Commissioner (Appeals), Lalbaug, Lower Parel, MumbaiSince 28 Dec 2023
The Religare Commodities Ltd. (RCL), step down subsidiary of Religare Enterprises Limited has received the order from the Appellate authority and has filed the appeal before the Goods and Services Tax Appellate tribunal (GSTAT) on 26 June 2026. Currently the appeal is pending for hearing before the GSTAT.MoreLess
At the filing before: The Appeal has been filed by Religare Commodities Ltd. (RCL), step down subsidiary of Religare Enterprises Limited, before Appellate Authority and order is awaited from Appellate Authority. - Tax disputeCustoms, Excise and Service Tax Appellate Tribunal, DelhiSince 10 Jun 2024The Appeal has been filed by Religare Commodities Ltd., step down subsidiary of Religare Enterprises Limited, before CESTAT and order from CESTAT is awaited.
- Tax disputeDeputy Commissioner of Income Tax, CIRCLE 2 1(1), DELHISince 6 Nov 2019
The Appeal has been filed by Religare Commodities Ltd., step down subsidiary of Religare Enterprises Limited before CIT-A, which is pending for adjudication. All the submissions have been filed before the said authority and further communication is awaited from the authority.MoreLess
- Tax disputeOffice of the Assistant Commssioner, Central Goods & Services Tax Division-E, JaipurSince 8 Sep 2025Appeal Filed by Care Health Insurance Limited (CHIL). Matter is pending for hearing
At the filing before: Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited, has received an Appeallate order dated 08 September 2025 reconfirming the partial demand of Rs. 15,41579 with penalty @10% under section 73 of the CGST Act, 2017. Further, the CHIL is in process of evaluating the further steps including filing an appeal with Appellate Tribunal.MoreLess
- Tax disputeOffice of the Commissioner of Central Tax, GST Delhi EastSince 18 Jun 2024Appeal Filed by Care Health Insurance Limited (CHIL). Matter is pending for hearingAt the filing before: Appeal Filed by Care Health Insurance Limited (CHIL).
- Tax disputeOffice of the Commissioner of Goods and Services Tax, GST Bhawan, New CGO Complex, FaridabadSince 30 Sep 2025WRIT Petition Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited. Matter is pending for hearing.At the filing before: WRIT Petition Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited.
- Tax disputeOffice of the Commissioner of Goods and Services Tax, GST Bhawan, New CGO Complex, FaridabadSince 30 Apr 2025Appeal Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited. Matter is pending for hearing.At the filing before: Appeal Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited.
- Tax disputeOffice of the Assistant Commissioner of GST and Central Excise, Triplicane Division, Chennai NorthSince 3 May 2025Appeal Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited. Matter is pending for hearing.At the filing before: Appeal Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited.
- Tax disputeOffice of the Commissioner of Goods and Services Tax, GST Bhawan, New CGO Complex, FaridabadSince 25 Apr 2025
WRIT Petition Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited against the order raising demand of tax. Bombay High Court issued stay order dated March 27, 2026 against the impugned order.MoreLess
- Tax disputeOffice of the Excise & Taxation Officer, Gurgaon, HaryanaSince 30 Mar 2026Appeal Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited. Matter is pending for hearing.
At the filing before: Office of Dy. Commisioner of State tax (SGST) Gurugram (East), Haryana vide order dated March 30, 2025 imposed tax liability of Rs. 9,05,436 and an equivalent amount of penalty and applicable interest thereon. The Company is in the process of determining further steps (including pursuing an appeal with Appellate Authorities / other legal options against the said order.MoreLess
- Tax disputeOffice of the Joint Commissioner,Corporate Circle Insurance Sector HO, Head Office, Head Office, Uttar PradeshSince 28 Sep 2025Appeal Filed by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited. Matter is pending for hearing.
At the filing before: Authority vide order dated September 28, 2025 raised tax demand, penalty and applicable interest thereon against Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited. CHIL is in the process of determining further steps (including pursuing an appeal with Appellate Authorities / other legal options against the said order)MoreLess
- Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/ Income-tax OfficerSince 17 Dec 2019
Income tax demand for Assessment Year 2017-18. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). Matter is pending for hearingMoreLess
At the filing before: Income tax demand for Assessment Year 2017-18. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). - Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/ Income-tax OfficerSince 23 Jun 2021
Income tax demand for Assessment Year 2018-19. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). Matter is pending for hearing.MoreLess
At the filing before: Income tax demand for Assessment Year 2018-19. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). - Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/ Income-tax OfficerSince 22 Mar 2025
Income tax demand for Assessment Year 2020-21. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). Matter is pending for hearing.MoreLess
At the filing before: Income tax demand for Assessment Year 2020-21. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). - Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/ Income-tax OfficerSince 22 Mar 2025
Income tax demand for Assessment Year 2021-22. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). Matter is pending for hearing.MoreLess
- Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/Income-tax OfficerSince 26 Sep 2024
Income tax demand for Assessment Year 2022-23. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals). Matter is pending for hearing.MoreLess
- Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/Income-tax OfficerSince 17 Mar 2026Income tax demand for Assessment Year 2023-24. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals)
- Tax disputeAdditional / Joint / Deputy / Assistant Commissioner of Income Tax/Income-tax OfficerSince 17 Mar 2026Income tax demand for Assessment Year 2024-25. Appeal by Care Health Insurance Limited (CHIL), subsidiary of Religare Enterprises Limited is pending at Commissioner of Income Tax (Appeals)
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
At most 1 complaint open, quarter to Sep 2025.
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJun 2026, checked by CARE RATING LIMITED | 557.05 | Investment (In the form of debt or equity) in Care Health Insurance Ltd. | 600.00 | 376.10 | No |
| Preferential IssuesJun 2026, checked by CARE RATING LIMITED | 557.05 | Investment (In the form of debt or equity) in Religare Broking Ltd. | 200.00 | 50.00 | No |
| Preferential IssuesJun 2026, checked by CARE RATING LIMITED | 557.05 | Investment (In the form of debt or equity) in Religare Housing Development Finance Corporation Ltd. | 250.00 | 15.00 | No |
| Preferential IssuesJun 2026, checked by CARE RATING LIMITED | 557.05 | Repayment of loan availed by the issuer entity | 75.00 | 75.00 | No |
| Preferential IssuesJun 2026, checked by CARE RATING LIMITED | 557.05 | Up to 25% of Issue proceeds shall be used for general corporate purpose | 375.00 | 21.02 | No |
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.