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The RBI declined REL and RFL’s applications for no-objection or prior approval of the proposed scheme transferring REL’s demerged undertaking to RFL. The companies will engage with the regulator and provide further clarifications. Context: blocks a key value-unlocking restructuring initiative.
Religare Enterprises Loses SAT Appeal Against February 2025 SEBI Order
Religare Enterprises: Ashish Dhawan Raises Holding To 7.41% In Open Market
Religare Enterprises Ashish Dhawan Raises Stake To 6.35% Through Open-Market Purchase