Date: September 02, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Company Overview

  • Corporate Identity Number: L74899DL1984PLC146935
  • Year of Incorporation: 1984 (January 30, 1984)
  • Corporate Office: Plot No. A-3,4 & 5, Club 125, Tower B, Sector 125, Noida, U.P. – 201301, India (shifted effective April 17, 2026)
  • Paid-up Capital: ₹3,32,89,04,790 (equity capital only)
  • Reporting Boundary: Standalone basis (only for REL, not consolidated)

Business Activities

Main activities accounting for 90% of turnover:

  • Lending Activities: 16.2% of turnover
  • Broking Activities: 11.8% of turnover
  • Insurance Activities: 2.1% of turnover
  • Investment Others: 16.6% of turnover

Operations Structure

  • Number of Offices: 3 (Delhi – 2, Noida – 1)
  • No international operations
  • No export activities (Core Investment Company)
  • Subsidiaries serve over 3 million policyholders, 1 million broking customers, 1,000+ MSME finance customers, and 3,000+ affordable housing finance customers

Employee Details (as of March 31, 2026)

  • Total Permanent Employees: 30 (Male: 20, Female: 10)
  • Gender Distribution: 67% male, 33% female
  • No workers or differently abled employees
  • Board Representation: 11% women (1 out of 9 directors)
  • Key Management Personnel: 0% women (0 out of 2)

Attrition Rates

  • FY2025-26: 11% overall (11% male, 11% female)
  • FY2024-25: 69% overall (76% male, 53% female)
  • FY2023-24: 20% overall (21% male, 20% female)

Subsidiary Structure

Major subsidiaries include:

  • Religare Finvest Limited (100% holding)
  • Care Health Insurance Limited (63.20% holding)
  • Religare Broking Limited (100% holding)
  • Religare Credit Advisor Private Limited (99.99% holding)
  • 19 other subsidiaries with varying ownership percentages

CSR Status

  • CSR not applicable for FY2025-26 due to losses in past three years
  • Turnover: ₹1,644.09 lakhs
  • Net Worth: ₹2,46,615.24 lakhs

Grievance Mechanisms

  • Shareholders: 2 complaints in FY2025-26 (15 in FY2024-25), all resolved
  • Employees: No complaints
  • Value Chain Partners: No complaints
  • Whistle-blower: No complaints

Material Sustainability Issues

Identified 10 material risks and opportunities:

1. Resource Management (Opportunity)

2. Branding and Reputation (Opportunity)

3. Diversity, Equity and Inclusion (Opportunity)

4. Human Capital Development (Risk/Opportunity)

5. Financial Inclusion (Opportunity)

6. Sustainable and Responsible Financing (Opportunity)

7. Regulatory Compliance and Risk Management (Risk/Opportunity)

8. Corporate Governance (Risk/Opportunity)

9. Cybersecurity and Data Privacy (Risk)

10. Responsible Investment (Risk/Opportunity)

Policy Framework

  • Has policies covering NGRBC Principles 1, 3-8 (P2 and P9 not applicable)
  • All policies approved by Board
  • Policies available at https://religare.com/policies/ and internal portals
  • Policies extend to value chain partners for whistle-blower mechanism

Training and Awareness

  • Board of Directors: 1 program (100% coverage)
  • KMP: 6 programs (92% coverage)
  • Other Employees: 6 programs (92% coverage)
  • Topics covered: Code of Conduct, KYC & AML, HIV/AIDS awareness, Information Security, POSH, Insider Trading

Financial Metrics

  • Accounts Payable Days: 362 days (FY2025-26) vs 201 days (FY2024-25)
  • Related Party Transactions:
  • Purchases: 1% of total (2% in FY2024-25)
  • Sales: 18% of total (43% in FY2024-25)
  • Loans & Advances: 100% to related parties
  • Investments: 100% in related parties (Nil in FY2024-25)

Environmental Performance

  • Total Energy Consumption: 282.48 GJ (FY2025-26) vs 525.39 GJ (FY2024-25)
  • Energy Intensity: 1.72 GJ/₹million turnover
  • Water Withdrawal: 252.91 kiloliters
  • Water Consumption: 141.63 kiloliters
  • GHG Emissions (Scope 1 & 2): 44.92 tCO2e
  • Waste Generated: 0.30 metric tons (plastic waste)

Compliance Status

  • No fines, penalties, or regulatory actions
  • No complaints of corruption, bribery, or conflict of interest
  • No human rights complaints or POSH cases
  • Compliant with all applicable environmental laws