With reference to the earlier announcement dated May 02, 2016, in this regard; Religare Enterprises has now informed that RGAM Investment Advisers, Wholly-Owned Subsidiary of the Company, has completed its exit from Religare Portfolio Managers and Advisors (‘RPMA’). The transaction was closed on July 14, 2016 following the receipt of all required regulatory approvals.
The above information is a part of company’s filings submitted to BSE.