Religare Enterprises announces demerger to unlock shareholder value ...Middle East

Business Standard - Economy
Religare Enterprises announces demerger to unlock shareholder value
source : Business Standard ( Middle East ) () 55
Burman family backed-Religare Enterprises Ltd (REL) has approved a plan to demerge its financial services and insurance businesses into two separately listed entities, in a move aimed at unlocking shareholder value and sharpening strategic focus. This is the first major restructuring announced by the company since Burmans took over REL in Feb 2025, the financial services firm said in a statement. Under the proposed scheme of arrangement, REL will retain its stake in Care Health Insurance Ltd, which will continue as an insurance-focused entity, it said. The financial services business -- comprising lending, broking, investment activities and related support services -- will be transferred on a going-concern basis to its subsidiary Religare Finvest Ltd (RFL), it said. "As part of the demerger consideration, RFL will issue fully paid-up equity shares to shareholders of REL on a 1:1 mirror basis. Post-demerger, RFL will be listed on BSE and NSE with mirror image shareholding as REL," i

Hence then, the article about religare enterprises announces demerger to unlock shareholder value was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Religare Enterprises announces demerger to unlock shareholder value )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Trump’s Challenge to Free Market Capitalism

before hour & 12 minute

Tickets for the 1984 Olympics in L.A. were $3. Could it happen again?

before hour & 16 minute

Pricer wants retail shelves to come alive with new Pricer Avenue™ platform at EuroShop 2026

before hour & 47 minute

Investments expert explains ‘three pot’ method for building savings

before 8 hours & 18 minute

Copper Unlikely to Follow Near-Term Gold Rally

before 11 hour & 13 minute

Ethiopia: Ethio Telecom CEO Says Telestream Goes Beyond Entertainment to Power Nat'l Digital Growth

before 11 hour & 37 minute

Petro's Policies Are Decimating Colombia's Natural Gas Industry

before 13 hour & 22 minute

The Last Stand for King Coal

before 15 hour & 24 minute

The Missing Link in America’s Nuclear Space Strategy

before 17 hour & 24 minute

Trump’s response to Supreme Court tariff block opens new era for economy

before 18 hour & 23 minute

US Stocks Close Higher

before 18 hour & 38 minute

Muscat stock exchange Index rises 47 Points last week

before 19 hour & 9 minute

Are Self-Driving Cars Finally Ready for Prime Time?

before 19 hour & 25 minute

Beyond the Bridges TV Series Spotlights Pittsburgh Real Estate and Lifestyle on REAL Shows Network

before 20 hour & 41 minute

After lonely baby monkey goes viral, his IKEA comfort toy sells out

before 23 hour & 7 minute