Religare Enterprises’ board has approved the divestment of entire investment in material subsidiaries i.e. Religare Finvest (RFL) and Religare Housing Development Finance Corporation (RHDFCL). The Board of Directors of the Company at its meeting held on October 04, 2019 has approved for the same.
The company’s board has also approved the sale, disposal and leasing of assets exceeding 20% of the assets of Religare Finvest (RFL), material subsidiary of the Company.
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.
Company Name | CMP |
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Bajaj Finserv | 1601.35 |
Paul Merchants | 863.75 |
Data Infrastructure | 162.00 |
IIFL Finance | 394.20 |
Embassy Office Parks | 340.93 |
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