Religare Enterprises Allots 35 Lakh Equity Shares on Warrant Conversion

Religare Enterprises Limited has approved the allotment of 35,00,000 equity shares of face value Rs. 10 each at a premium of Rs. 225 each to Puran Associates Private Limited, a promoter group entity. This allotment is pursuant to the conversion of warrants, with the company receiving INR 61,68,75,000 representing 75% of the total consideration for the converted warrants. The total consideration includes the 25% received at the time of warrant allotment on September 12, 2025. This issuance increases the company's issued, subscribed, and paid-up equity share capital to INR 3,44,73,37,420, comprising 34,47,33,742 equity shares. The new shares will rank pari passu with existing shares, subject to lock-in periods as per SEBI regulations.