Religare Enterprises has incorporated two new wholly owned subsidiaries of the company namely ‘Religare Broking’ and ‘Religare Insurance’ on July 20, 2016 and July 21, 2016 respectively under Religare Capital Markets (India), a direct wholly owned subsidiary of the company. This step has been taken by the company as a part of its proposed re-structuring plan.
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.