Religare Enterprises Ltd informs RBI rejection of Scheme approval for Demerged Undertaking transfer
Religare Enterprises · Finance
Key highlights
- Scheme involves transfer of Demerged Undertaking from Religare Enterprises Limited to Religare Finvest Limited
- RBI rejected the no-objection/prior approval request on August 6 and 7, 2026 for the Scheme
- REL and RFL will engage with the RBI to provide further clarifications as needed
Why it's rated notable: The RBI letter declines the no-objection/prior approval for the Scheme of Arrangement transferring the Demerged Undertaking to Religare Finvest Limited, and the filing states no value for that undertaking, so the level stays at medium.
Original filing
Intimation Under Regulation 30 Of SEBI LODR Regulations 2015
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Religare Enterprises
- Acquisition / mergerMajor development· Adverse for the businessReligare Q1 FY27: consolidated net loss Rs 4,698.25 lakhs; RBI did not accede to demerger
- Acquisition / mergerMajor development· Adverse for the businessReligare Enterprises Q1 net loss Rs 961.97 lakhs; RBI declines demerger scheme request
- Acquisition / mergerNotableReligare Enterprises obtains NSE no-objection for Scheme of Arrangement with Religare Finvest
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Potential multibaggers · Q2 FY27
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on management's own guidance
- Strong growth2
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.