Religare Enterprises Limited has informed the Exchange regarding Appointment of Mr. Arjun Lamba as Whole Time Director designated as Executive Director of the company w.e.f. April 01, 2026.
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Religare Enterprises has appointed Mr. Arjun Lamba as Whole Time Director, designated as Executive Director, for a five-year term starting April 01, 2026, subject to shareholder approval. Mr. Lamba was already a Non-Executive & Non-Independent Director on the board and is being elevated to an executive role. He is the founder of Guardian Advisors, a SEBI-registered PMS firm with 23+ years of capital markets experience, and played a key role in the Burman Family's acquisition of Religare Enterprises and Eveready Industries. Separately, existing Independent Director Mr. Rajender Mohan Malla has been named Non-Executive Chairperson for a short period from April 01, 2026 to June 30, 2026. Mr. Lamba is not related to any other director on the board.
This is a board-level restructuring that brings deeper promoter-aligned leadership into an executive role, with Mr. Lamba's Burman-family connections suggesting stronger strategic direction from the controlling group. The five-year term signals long-term commitment, while the new chairperson role is temporary. Shareholders should watch for the shareholder approval outcome, as Mr. Lamba's executive appointment consolidates promoter influence in day-to-day operations.