StockWatch
·
Investment Company
Management Change3 Nov 2026, 05:33 pm

Religare Enterprises: RBI Approves Four New Directors

AI Summary

Religare Enterprises Limited has received approval from the Reserve Bank of India (RBI) for the appointment of four individuals as Additional Directors to its Board. These appointments, effective November 3, 2026, are for a term not exceeding five years. The approved directors are Dr. Anand Chand Burman, Mr. Aditya Chand Burman, Mr. Mohit Burman, and Mr. Jimeet Vipul Modi. They will serve as Non-Executive and Non-Independent Directors. All four individuals are confirmed not to be debarred from holding directorships by any regulatory authority. This development follows an earlier announcement on November 13, 2025, regarding these proposed appointments.

Key Highlights

  • RBI approves appointment of four directors to Religare Enterprises' Board.
  • Appointments are effective November 3, 2026, for a term of up to five years.
  • Appointed directors are Non-Executive and Non-Independent.
  • All appointees are clear of regulatory debarment from directorships.