Religare Enterprises has sought its members’ approval to raise Rs 500 crore through issuance of non-convertible debentures (NCDs). In this regard, the company has proposed special resolution at its annual general meeting on September 21, 2017.
The other proposal is to appoint a director in place of Harpal Singh who retires from office by rotation. Singh being eligible for post has offered himself for re-appointment.
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.
