Religare Enterprises has received an approval for the proposal to obtain approval of the shareholders for raising funds up to Rs 500 crore by way of issuance of Non-Convertible Debentures (NCDs) on private placement basis. The Board of Directors of the company at their meeting held on February 16, 2019, approved the same.
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.
