Religare Enterprises Limited (RELIGARE) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Allotment of 8,343,263 equity shares on conversion of warrants
🔄 What Changed
Paid-up capital increased from ₹332.89 crore to ₹341.23 crore
💡 Investor Takeaway
Shareholders will see dilution from the new equity shares issued at a premium.

Religare Enterprises announced the allotment of 8,343,263 equity shares of ₹10 each at a premium of ₹225 per share to convert warrants held by five entities, including The Hindustan Times Limited and Akhil Dhawan. The allotment increased the paid-up capital from [amount not verified] to [amount not verified], comprising 34,123,374 fully paid shares. Funds of [amount not verified], representing 75% of total consideration, were received, with the remaining 25% previously paid during warrant allotment in September 2025. The shares are subject to a lock-in under SEBI ICDR regulations.

📄 View Original Announcement (PDF)

About Religare Enterprises Limited (RELIGARE)

Financial Services · Finance · Listed on NSE

Market Cap: ₹7,387.84 Cr P/E: 34.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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