M&A Critique

Strategic Reorganization and Value Unlocking: The Demerger of Religare’s Financial Services into Religare Finvest Limited

Religare Enterprises Limited (REL) was originally incorporated as Vajreshwari Cosmetics Private Limited on January 30, 1984, pivoting into financial services in 1994 with the establishment of Religare Securities Limited. Over time, it grew into one of India's diversified financial services conglomerates, listed on both BSE and NSE. REL is registered with the Reserve Bank of India (RBI) as a Core Investment Company (CIC). As a CIC, REL's primary activi...

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Haresh Shah

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