RELIGARE ENTERPRISES LTD.

Religare Enterprises Limited has approved the allotment of 8,343,263 equity shares of face value Rs. 10 each at a premium of Rs. 225 each. This allotment follows the conversion of warrants, with the company receiving INR 1,470,500,104.25, representing 75% of the total consideration. The total consideration for these warrants, including the initial 25% received earlier, constitutes 100%. This issuance increases the company's issued, subscribed, and paid-up equity share capital to INR 341,233,7420, comprising 341,233,742 equity shares. The new shares will rank pari passu with existing shares, subject to lock-in periods as per SEBI regulations.

Religare Enterprises Limited announced the allotment of 8,343,263 equity shares following the conversion of warrants. The allotment was approved by the Investment, Borrowing & Share Allotment (IB&SA) Committee. The company received INR 1,470.50 crore, representing 75% of the total consideration for the converted warrants. The total consideration includes the 25% received at the time of warrant allotment. This issuance increases the company's issued, subscribed, and paid-up equity share capital to INR 341.23 crore, comprising 341,233,742 equity shares. The new shares rank pari passu with existing shares, subject to lock-in regulations.

Religare Enterprises Ltd has released the Monitoring Agency Report for the quarter ended March 31, 2026, as per SEBI regulations. The report, issued by CARE Ratings Limited, pertains to the utilization of proceeds from a preferential issue of convertible warrants amounting to ₹1,500.00 crore. CARE Ratings declares that the report provides an objective view based on information provided by the issuer and believed to be accurate, with no conflict of interest.

Religare Enterprises Ltd reported a consolidated revenue of ₹8,493.84 crore for FY26, a 14.7% YoY increase, driven by its health insurance business. Consolidated PAT stood at ₹73.16 crore. The health insurance business, Care Health Insurance, reported a gross written premium of ₹11,417 crore, up 24% YoY, with a 19.7% market share in the SAHI category. Religare Broking reported an operating income of ₹373.4 crore, boosted by a rise in Average Daily Turnover (ADTO). The company is progressing with the demerger of its financial services business and has strengthened its management team and governance frameworks. A capital raise of ₹1,500 crore via convertible warrants is underway.

Religare Enterprises Ltd. has updated the contact details of its Key Managerial Personnel (KMP) authorized by the Board of Directors to determine materiality for disclosures to the stock exchange, as per Regulation 30 of SEBI LODR Regulations, 2015. The updated contact information for Mr. Arjun Lamba (Executive Director) and Mr. Babu Rao Priya (Group General Counsel & Group Chief Compliance Officer) is provided. The updated policy is available on the company's website.

Religare Enterprises Ltd's board approved the surrender of the license and closure of business operations of its wholly-owned subsidiary, MIC Insurance Web Aggregator Private Limited. This decision follows a re-evaluation of MIC's business model. MIC has nil contribution to the company's turnover and negligible contribution to its net worth. The company states that the closure will not have a material impact on its financials and that MIC has no liabilities to customers or other entities. The surrender of the license will not impact customers.

Religare Enterprises Ltd's board, in a meeting on May 12, 2026, approved the designation of Mr. Babu Rao Priya, Group General Counsel and Group Chief Compliance Officer, as Key Managerial Personnel (KMP). This decision follows the recommendation of the Nomination and Remuneration Committee. Mr. Priya's terms and conditions of appointment, including remuneration, remain unchanged. His term extends up to November 2030, as per the announcement dated October 31, 2025.

Religare Enterprises Ltd announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 12, 2026. The auditor, M/s J C Bhalla & Co., issued an unmodified opinion on both standalone and consolidated financial results. The company secretary and compliance officer, Anuj Jain, has digitally signed the report.

Religare Enterprises Ltd. announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 12, 2026. The auditor, M/s J C Bhalla & Co., issued an unmodified opinion on both standalone and consolidated financial results. The company has ongoing income tax litigations and related tax demands.

Religare Enterprises Ltd announces that its step-down subsidiary, Religare Housing Development Finance Corporation Limited (RHDFCL), has appointed Mr. Pankaj Rathi as Additional Director and Whole-Time Director (designated as Executive Director and Chief Financial Officer) effective April 06, 2026. He will continue in his role as Chief Financial Officer (CFO). The appointment is subject to shareholder approval. Mr. Rathi has over 15 years of experience in banking and financial services, including roles at Grihum Housing Finance Ltd, Xander Finance Ltd, JM Financial Products Ltd, EY, and PwC.