FilingReader Intelligence
Religare board approves INR 1,500 crore capital raise
July 11, 2025 at 03:00 PM UTC•By FilingReader AI
Religare Enterprises Limited's board approved raising up to INR 1,500 crores through preferential allotment of 63.8 million warrants priced at INR 235 each.
The promoter group will contribute INR 750 crores, representing 50% of the total raise, to support business expansion and strategic initiatives.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:RELIGARE•Bombay Stock Exchange
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