Religare SAT Appeal Dismissed Against SEBI Order

Date: September 01, 2026

Legal & Regulatory Update

This disclosure provides an update on ongoing legal proceedings between Religare Enterprises Limited and the Securities and Exchange Board of India (SEBI).

Background

• The company refers to its earlier announcement dated February 15, 2025, which informed about an Order issued by SEBI on February 14, 2025

Current Development

• The appellant (implied to be Religare or related parties) filed an appeal with the Securities Appellate Tribunal (SAT) against the SEBI order
• SAT heard the matter at length and dismissed the appeal vide its Order dated August 19, 2026
• The complete Order is available on the SAT website at: https://satweb.sat.gov.in/view-order/5ab712b483b2a83652130458f37b4e06fa3fcde6c0193b7560524f07b57a5e17/44026

Disclosure Purpose

• This communication serves to inform the stock exchanges (National Stock Exchange of India Ltd and BSE Limited) about the outcome of the legal proceedings
• The company states this is for "kind information and record" of the exchanges

Not Specified Sections

No material disclosures under the following sections: Financial Results, Dividend Declaration, Board Meeting Outcomes, KMP Changes, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication, or Other Operational Updates.