IDBI Trusteeship Services has offloaded 1.13 crore shares of Religare Enterprises at Rs 58.51 per share on the BSE on December 14, 2017. However, India Horizon Fund has bought 71.50 lakh shares of the company at Rs 58.50 per share, while Bay Capital Advisors has bought 21.25 lakh shares of the company at Rs 58.50 per share on the BSE.
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.