REL

Buyers vote in opposition to Religare Enterprises proposals

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The shareholders of Religare Enterprises have voted in opposition to each the corporate’s proposal to put money into its subsidiary MIC Insurance coverage Net Aggregator and the proposal modifications to the Article of Affiliation. Additionally learn:All disclosures on MIC funding made: Religare Enterprises As regards to the method initiated for getting shareholders approval by e-voting … Read more

Religare Finvest engages exterior company to analyze siphoning of funds by erstwhile promoters

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Religare Finvest Ltd (RFL), an entirely owned subsidiary of Religare Enterprises Ltd (REL), has commissioned an investigation into siphoning-off of funds by the erstwhile promoters of the corporate. “Pursuant to the phrases agreed with respect to the restoration proceeds of Company Mortgage E-book (CLB) portfolio and FDs misappropriated by Lakshmi Vilas Financial institution (LVB) (now … Read more