Religare Enterprises Limited — JV/Acquisition, 07-07-2026: Demerger

Religare Enterprises (REL) is moving forward with its demerger plan involving Religare Finvest (RFL). The company just secured crucial 'no objection' from NSE and 'no adverse observations' from BSE. This marks a significant step, paving the way for the scheme to proceed to shareholder and NCLT approvals. The strategic move aims to streamline operations, with RFL slated for a separate listing post-demerger. This could potentially unlock significant value for REL shareholders by creating distinct, focused entities. Investors should watch for upcoming shareholder meetings and NCLT decisions.