Religare Enterprises has received shareholders approval for a proposal to invest up to 500 crore in its arm - Religare Capital Markets for repaying debt related to Mauritius business, and capital needs of India business. The shareholders have given their approval to an ordinary resolution through postal ballot.
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.
