Religare board to consider raising funds via share issuance

Religare Enterprises Limited has announced a board meeting scheduled for July 11, 2025, to consider and potentially approve a proposal to raise funds through the issuance of specified securities on a preferential basis. The company stated that the proposed fundraising would adhere to the provisions of the Companies Act, 2013, and SEBI regulations. The company also announced the continuation of a previously initiated trading window closure, which began July 1, 2025, and will remain in effect until 48 hours after the declaration of the company's quarterly financial results for the period ended June 30, 2025. The company stated that all approvals from shareholders would need to be secured.