Religare Enterprises’ subsidiary - Religare Capital Markets International (Mauritius) (RCMIML) has entered into share sale & purchase agreement dated December 21, 2017 to divest its entire 50% shareholding in Bartleet Religare Securities to Bartleet Transcapital (BTCL).
Upon completion of transaction, post regulatory and third party approvals, BTCL will hold 100% shareholding in Bartleet Religare Securities. RCMIML will cease to be a shareholder of Bartleet. The expected date of completion of sale is by March 31, 2018.
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
