Religare Enterprises Ltd

Religare Enterprises Limited — Trading Window closed from October 01, 2026 till 48 hours after declaration of Un-Audited Financial Results for the quarter ended September 30, 2026.

MD re-designation

• Arjun Lamba re-designated as Managing Director, not liable to retire by rotation, effective Aug 12, 2026.
• Approved by Members at the 42nd AGM on Sep 24, 2026.
• Not debarred from holding director office by SEBI order.

AGM Details

• Date, time and mode: 24 Sep 2026, 3:00 PM, via video conferencing.

Key Resolutions

• Adoption of standalone financial statements (ordinary) – passed.
• Adoption of consolidated financial statements (ordinary) – passed.
• Director retirement by rotation re-appointed (ordinary) – passed.
• Arjun Lamba designated as Whole-time Director and Managing Director (special) – passed.

Director Changes

• Director retiring by rotation re-appointed.
• Arjun Lamba designated as Managing Director.

Audit & Related Party

• No auditor changes disclosed.
• No material related party transactions disclosed.
• No other material approvals disclosed.

Dividend

• No dividend proposed or declared.

Voting & Outcomes

• All resolutions passed; near-unanimous support.

AGM Details

• AGM held Sept 24, 2026 at 03:00 p.m. IST via VC/OAVM.
• Venue deemed at registered office under SS-II; proceedings conducted accordingly.
• Meeting concluded at 3:53 p.m. IST.

Key Resolutions

• Adoption of standalone financial statements for FY ending 31 March 2026.
• Adoption of consolidated financial statements for FY ending 31 March 2026.
• Appointment of Gurumurthy Ramanathan as director re-appointment (retiring by rotation).
• Re-designation of Arjun Lamba as Managing Director; terms unchanged.

Voting Status

• Results to be announced within two working days; final results subject to votes.
• Resolutions deemed passed today, subject to receipt of requisite votes.

Dividend

• No dividend proposed or declared at the AGM.

Director Changes

• Gurumurthy Ramanathan retires by rotation; re-appointment offered.
• Arjun Lamba redesignated as Managing Director; terms unchanged.

Auditors

• No changes in statutory or other auditors disclosed.

CHIL debenture issue details

• Issued 10,000 unsecured, subordinated NCDs of Rs 1 lakh each totaling Rs 100 crore.
• Coupon rate fixed at 10% per annum; interest payable annually.
• Tenor of 10 years; maturity on 18 September 2036.
• Call option at end of year 5; issuer may redeem earlier.
• Issuance on private placement basis; to be listed on NSE Debt Segment.
• Listing on NSE Debt Segment effective 22 September 2026.
• IRDAI regulatory approvals required for payment of interest in certain cases.
• Debentures redeemable at par; no default interest unless IRDAI permit.
• No security charged over assets; no special rights attached.
• Religare notes CHIL as a material subsidiary.

New corporate office

• New corporate office established at Office No. 401, 4th Floor, Arena Space, Jogeshwari East, Mumbai.
• Operations to commence from September 18, 2026.

Chairperson update

• Rajender Mohan Malla, Independent Director, appointed Non-Executive Chairperson from 01-Jul-2026 to 30-Sep-2026.
• Board approved continuation of Mr. Malla as Chairperson for 01-Oct-2026 to 31-Dec-2026 via circulation.
• Chairmanship rotates among directors on a quarterly basis.
• No financial terms disclosed in the update.

Key disclosures

• BRSR filing for FY2025-26; standalone basis; forms part of Annual Report; available on REL website.
• CSR not required due to three-year losses; Turnover 1,644.09 Lakhs; Net worth 2,46,615.24 Lakhs.
• Board responsible for BR practices; CSR & ESG Committee established for ESG oversight.
• Policies approved by Board; statutory policies available on REL website; employee policies on intranet.
• Environmental: Non-renewable energy use 227.74 GJ electricity and 54.74 GJ fuel; total 282.48 GJ.
• Emissions: Scope 1 4.01 tCO2e; Scope 2 44.92 tCO2e; total 48.93 tCO2e.
• Water: third-party withdrawals 252.91 KL; total withdrawal 252.91 KL; consumption 141.63 KL.
• Waste: total 0.30 MT; plastic 0.30 MT; no e-waste; disposal 0.30 MT.
• Governance and compliance: No fines or penalties; Data Privacy policy; IT/Risk Committee oversight; no breaches.
• Stakeholder engagement: Materiality risk assessment; ongoing stakeholder consultations; BR policies reviewed periodically.