Religare Enterprises Limited — Important, 12-08-2025: Updates

Religare Enterprises reported a standalone loss of Rs. 6.15 Cr and consolidated profit of Rs. 5.73 Cr for the quarter. Consolidated profit was significantly impacted by an accounting change (down Rs. 61.37 Cr). Shareholders approved a preferential allotment of warrants to raise approx. Rs. 1,500 Cr. The Board appointed Mr. Pratul Gupta as Interim CFO. Regulatory actions saw RBI withdraw all CAP restrictions on Religare Finvest (RFL), and a court order quashed RFL's 'fraud' classification. NCLT also approved the E-Governance undertaking transfer. Dividends remain barred.