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Religare Enterprises completes acquisition of 100% stake in MIC

09 Dec 2023 Evaluate

Religare Enterprises has completed the acquisition of 100 % equity stake of MIC Insurance Web Aggregator (MIC), an IRDAI registered insurance web aggregator, on December 8, 2023. Accordingly, MIC 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 1731.20
TVS Holdings 11600.00
Cholamandalam Fin. 1377.50
Altius Telecom Infra 172.50
Kama Holdings 2235.00
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