Tag
Religare Enterprises Limited
16 articles
Religare Enterprises reported a challenging fiscal year 2026, with consolidated revenue increasing 14.7% to ₹8,493.84 crore but net profit declining significantly to ₹73.16 crore. The company's Care Health Insurance subsidiary drove growth, achieving a 24% increase in gross written premium and a 38% profit improvement, while the financial services arm experienced a decline in profitability. Religare is undergoing a strategic demerger of its financial services business and has strengthened governance with new leadership appointments and a board reconstitution following a change in promoters. The company also faces ongoing income tax litigations and recently penalized former chairperson Dr. Rashmi Saluja for insider trading.
Religare Enterprises FY26 Results and Demerger Update
Religare Enterprises reported FY26 consolidated PAT of INR73.16 crores and total income of INR8,493 crores, with subsidiary Care Health Insurance achieving INR11,417 crores GWP.
The Board approved a d
Dr. Rashmi Saluja Penalized INR 40 Lakh for Insider Trading
SEBI final order finds Dr. Rashmi Saluja, former Religare Chairperson, guilty of insider trading in Religare Enterprises Ltd. shares.
Saluja sold 1.29 million REL shares on Sept 21-22, 2023, avoiding
Religare FY26 Results: Health Insurance Drives 15% Revenue Growth
Religare Enterprises reported consolidated revenue of Rs. 8,494 Cr in FY26, led by 24% growth in Care Health Insurance's GWP to Rs. 11,417 Cr.
The group completed a Rs. 1,500 Cr capital raise and anno
Religare FY26 Revenue Up 14.7% to ₹8,493 Cr
Religare Enterprises reported 14.7% YoY consolidated revenue growth to ₹8,493.84 crore in FY26, though PAT declined to ₹73.16 crore from ₹182.75 crore.
Care Health Insurance drove growth with 24% prem
Religare Updates KMP Contact Details
Religare Enterprises disclosed updated contact details for Key Managerial Personnel authorized to determine materiality for stock exchange disclosures.
Mr. Arjun Lamba (Executive Director) and Mr. Bab
Religare Approves MIC Subsidiary License Surrender
Religare's board approved surrender of MIC Insurance Web Aggregator's license and closure of its business operations.
MIC subsidiary has nil contribution to Religare's turnover and negligible impact o
Religare Designates Babu Rao Priya as Key Managerial Personnel
Religare Enterprises designates Group General Counsel Babu Rao Priya as a Key Managerial Personnel effective May 12, 2026.
His appointment term runs until November 2030, with all existing remuneration
Religare Enterprises FY26 Net Loss Widens to ₹337.99 Crore
Religare Enterprises reported a standalone net loss of ₹337.99 crore for FY26, widening from ₹375.43 crore in FY25, with a Q4 standalone loss of ₹123.65 crore.
The board approved a demerger scheme to
Religare Subsidiary Appoints Pankaj Rathi ED & CFO
Religare Enterprises discloses a board appointment at its step-down housing finance subsidiary, RHDFCL.
Pankaj Rathi appointed as Additional and Whole-Time Director, designated Executive Director and
Religare Finvest Appoints Srinivasan Karthik CEO
Religare Finvest appointed Srinivasan Karthik as CEO and Key Managerial Personnel effective May 5, 2026.
His additional appointment as Managing Director is subject to RBI and shareholder approval.
Kar
Religare Q4 FY26 Earnings Call Scheduled May 13
Religare Enterprises schedules earnings call for May 13, 2026, to discuss Q4 and FY26 operational and financial performance.
Management team from Religare and its subsidiaries will participate in the
Religare Subsidiary CHIL Tax Liability Reduced 49%
Religare's material subsidiary Care Health Insurance received an income tax rectification order reducing its net tax liability by 49% from ₹89.02 crore to ₹45.16 crore for AY 2023-24.
The rectificatio
Religare Appoints Arjun Lamba Executive Director
Religare shareholders approved Arjun Lamba's appointment as Executive Director for a five-year term effective April 1, 2026.
Lamba brings 23 years of capital markets experience and currently serves on
Religare EGM Approves Office Shift and Director Appointment
Religare Enterprises held an EGM on May 5, 2026, to vote on shifting its registered office from Delhi to Haryana and appointing Arjun Lamba as Executive Director.
Both special resolutions passed with
Religare EGM Approves Office Shift and Director Appointment
Religare Enterprises held an EGM via video conferencing on May 5, 2026, to vote on two special resolutions.
Resolutions proposed shifting the registered office from Delhi to Haryana and appointing Arj
Religare Subsidiary CHIL Tax Liability Reduced 50%
Care Health Insurance Limited received a rectification order reducing its net tax liability for AY 2022-23 to ₹86.66 crore from ₹173.32 crore.
The order from the Deputy Commissioner of Income-Tax corr