NSE and BSE clear Religare demerger scheme with Finvest

Core Business DivestedStrategic Transactions View source PDF

RELIGARE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.7%1-day move

₹271.30

prior close

₹270.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.6—-0.4-0.8+0.7-0.5-1.2-3.4-1.0-5.3————

Up moveDown movePending

AI summary

Religare Enterprises received no-objection from NSE and no adverse observations from BSE for its demerger scheme with Religare Finvest. The scheme will transfer business from Religare Enterprises to Religare Finvest. With exchange clearance, REL can now file the scheme with NCLT. Shareholder, creditor and other regulatory approvals still needed. Religare Finvest is expected to be listed. Observation letters valid for 6 months from July 7, 2026.

Likely market impact

Positive milestone for the demerger. Exchange clearance allows NCLT filing. Shareholder, creditor and other approvals still pending.