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• Religare Enterprises Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, on May 20, 2025.
• The auditor's report expresses an unmodified opinion on the standalone and consolidated financial results.
• Standalone Financial Results Highlights:
• Total Revenue: ₹881.80 lakhs
• Loss Before Tax: ₹514.86 lakhs
• Net Loss for the period: ₹1,774.14 lakhs
• Consolidated Financial Results Highlights:
• Total Revenue: ₹34,809 lakhs
• Profit Before Tax: ₹2,431 lakhs
• Net Profit for the period: ₹1,304 lakhs
• 9,32,500 equity shares were allotted during the year ended March 31, 2025, pursuant to the exercise of stock options under the REL ESOP Scheme 2019.
• The issued, subscribed, and paid-up equity capital increased to ₹33,065.37 lakhs as of March 31, 2025.
• The company is barred from declaring dividends as per RBI letter issued in December 2019.
• The Burman Group's shareholding reached 25.16% on February 18, 2025, resulting in a change of control, and they have become the Promoters of the Company.
• A governance review of the Company and its subsidiaries is in progress, and any potential financial impact identified will be reflected in the financial statements.
• The company is involved in ongoing income tax litigation for Assessment Year 2017-18, with a reduced demand of ₹10,853 lakhs pending before the ITAT.

Religare Enterprises Limited has announced an Extraordinary General Meeting (EGM) to be held on 10 Apr 25 at 12:00 noon (IST) via Video Conferencing / Other Audio-Visual Means. The key agendas for the EGM are:

• Amendment to the Articles of Association (AoA) following the sale of International Finance Corporation's (IFC) shareholding, specifically deleting Articles 153 to 181.
• Appointment of M/s J C Bhalla & Company as statutory auditors to fill a vacancy, holding office until the conclusion of the 41st Annual General Meeting and eligible for reappointment for two subsequent years (FY 2025-26 & 2026-27).
• Appointment of Mr. Rajender Mohan Malla as Non-Executive Independent Director for a 5-year term from 21 Feb 25 to 20 Feb 30.
• Appointment of Mr. Shrikant Shreeniwas Somani as Non-Executive Independent Director for a 5-year term from 21 Feb 25 to 20 Feb 30.
• Appointment of Mr. Abhay Kumar Agarwal as Non-Executive and Non-Independent Director, liable to retire by rotation, effective from the date of Reserve Bank of India (RBI) approval.
• Appointment of Mr. Arjun Lamba as Non-Executive and Non-Independent Director, not liable to retire by rotation, effective from the date of RBI approval.
• Appointment of Mr. Gurumurthy Ramanathan as Non-Executive and Non-Independent Director, liable to retire by rotation, effective from the date of RBI approval.
• Appointment of Mr. Suresh Mahalingam as Non-Executive and Non-Independent Director, liable to retire by rotation, effective from the date of RBI approval.

The cut-off date for determining shareholders' eligibility for remote e-voting and EGM attendance is 03 Apr 25. The remote e-voting period will commence on 07 Apr 25 (9:00 AM IST) and end on 09 Apr 25 (5:00 PM IST).

Religare Enterprises Limited (RELIGARE) announced that an Extraordinary General Meeting (EGM) will be held on 10 Apr 25 at 12:00 noon via Video Conferencing/Other Audio Visual Means.

The notice for the EGM will be sent electronically to members with registered email addresses and will be available on:

• Company website: https://religare.com/
• Stock exchange websites: www.nseindia.com and www.bseindia.com
• RTA website: https://evoting.kfintech.com

Members can register/update their email addresses with their Depository Participant for shares held electronically, or with the Company’s RTA for physical shares.