Religare Enterprises is planning to raise up to Rs 1,500 crore by issuing securities to resident or non-resident investors. The company proposes to issue of securities including but not limited to Qualified Institutional Buyers (QIB) as defined under the SEBI ICDR Regulations, resident or permitted non-resident investors.
Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.