Religare Enterprises Limited (RELIGARE) — Announcement | 23 June 2026

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📢 Key Event
RBI approves Karthik's appointment as RFL Managing Director

💡 Investor Takeaway
Shareholders must still approve Karthik's dual role as CEO and Managing Director of RFL.

Religare Enterprises announced that RBI approved the appointment of Srinivasan Karthik as Managing Director of its subsidiary Religare Finvest, effective June 23, 2026, pending shareholder approval. The filing confirms RBI's June 23, 2026 letter granting approval after an application filed on May 6, 2026.

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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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