FY16 results on May 27, 2016
Religare Enterprises Ltd has informed BSE that a meeting of Board of Directors of the Company will be held on May 27,2016, inter alia, to consider and approve the Annual Audited Standalone & Consolidated Financials of the Company for the year ended March 31, 2016.Further, Trading Window for dealing in the shares of the Company shall remain closed for the period from May 09, 2016 to May 30, 2016 (both days inclusive). Retain hold' on Sun Pharma, target Rs 940: Religare
On factoring this in as well as losses from cessation of Keveyis sales (halted recently), our March 2017 TP remains broadly unchanged at Rs 940. Retain hold. Updates
Religare Enterprises Ltd has informed BSE that RGAM Investment Advisers Pvt Ltd., Wholly-Owned Subsidiary of the Company, has executed a binding term sheet to divest its stake in Religare Portfolio Managers and Advisors Private Limited ("RPMA). The closing of the transaction is subject to customary conditions including necessary regulatory approval processes. Religare to divest stake in its US-based investment firms
Religare Enterprises Ltd (REL) today said it will divest its stake in US-based investment firm Landmark Partners LLC, and certain of its subsidiaries for an undisclosed sum. Updates
Religare Enterprises Ltd has informed BSE that Religare Enterprises Limited (REL) has entered into a definitive agreement to divest its stake in Landmark Partners LLC, and certain of its subsidiaries (Landmark"). REL holds its stake in Landmark through its US based step-down subsidiary, Religare Global Asset Management Inc..The closing of the transactions is subject to customary conditions including necessary regulatory approval processes. Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
RHC Holding Pvt Ltd & RHC Finance Pvt Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE What to buy, sell and hold
Religare has sell rating on ABB India with a target price of Rs 800 citing the company's tepid order inflow, rich valuations and low margins. What to buy, sell and hold
Religare has maintained its buy rating on HDFC Bank with a target price of Rs 1,350 citing the bank's rock steady performance' in Q4 . Religare to divest stake in its US-based investment firms
The transaction is expected to be completed by July 15 Updates
Religare Enterprises Ltd has informed BSE that the Company has entered into a definitive agreement to divest its stake in Northgate Capital LLC and Northgate Capital LP, US based affiliates, which are part of its alternatives focused global asset management business, and their subsidiaries ("Northgate). REL holds its stake in Northgate through its step-down subsidiary, Religare Global Asset Management Inc., USA....