Religare Enterprises Limited — Important, 26-03-2025: Updates

Religare Enterprises Limited's material subsidiary, Religare Finvest Limited (RFL), held an Extra-Ordinary General Meeting where shareholders unanimously approved the removal of Dr. Rashmi Saluja as a Non-Executive and Non-Independent Director. As a result, Dr. Saluja has ceased her role as Chairperson of the RFL Board, effective immediately. This decision reflects significant changes in the company's leadership structure, which may influence governance dynamics and operational strategies moving forward. Investors should monitor the situation closely as it may present both opportunities and risks for the company.