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Religare Enterprises acquires additional 14.36% stake in RFL

02 Mar 2020 Evaluate

Religare Enterprises has acquired additional 14.36 percent stake in Religare Finvest (RFL) from private equity investors. Post the acquisition, RFL has become a wholly-owned 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.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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