Religare Enterprises zooms on paying Rs 5.41 crore to SEBI to settle past cases

Religare Enterprises Ltd. | Finance - Investment | BFSI | BSE: 532915 | NSE: RELIGARE

25 Apr 2022 Evaluate

Religare Enterprises is currently trading at Rs. 133.00, up by 15.30 points or 13.00% from its previous closing of Rs. 117.70 on the BSE.

The scrip opened at Rs. 118.90 and has touched a high and low of Rs. 135.15 and Rs. 118.90 respectively. So far 414849 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 194.50 on 24-Sep-2021 and a 52 week low of Rs. 82.00 on 29-Apr-2021.

Last one week high and low of the scrip stood at Rs. 135.15 and Rs. 117.35 respectively. The current market cap of the company is Rs. 4229.01 crore.

The Institutions and Non-Institutions held 21.97% and 78.03%, stake in the company respectively.

Religare Enterprises (REL) has paid Rs 5.41 crore to market regulator Sebi to settle its past cases. In order to settle another legacy issue and keep REL growing as per its plans, it had submitted an application for settlement under the SEBI (Settlement Proceedings) Regulations, 2018 without admission or denial of SEBI's findings.

The said application along with the settlement terms proposed by the company were examined by SEBI which having considered the facts and circumstances of the case, approved that the specified proceedings may be settled upon payment of Rs 5.41 crore.

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.

Religare Enterprises Share Price

220.85 -2.55 (-1.14%)

08-May-2026 16:59 View Price Chart

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