Announced Tue, 30 Jun · 18:25 IST
MD and CEO of Religare's housing finance subsidiary resigns after term end
RELIGARE · price
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Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹268.90
prior close
₹270.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—-1.0-1.1-1.1-2.5-2.5-1.7+0.9-0.7+0.4-2.9———
Up moveDown movePending
AI summary
Mr. Rahul Mehrotra, MD and CEO of Religare Housing Development Finance Corporation Limited (RHDFCL), a step-down subsidiary of Religare Enterprises, has resigned effective June 30, 2026, on completion of his current term. The role being vacated is at RHDFCL, not at Religare Enterprises itself. The company has filed the standard cessation details with the exchanges.
Likely market impact
Change is at the subsidiary level and follows natural term end, so limited direct impact on Religare shareholders. Investors should watch for a successor announcement at RHDFCL.