Voting Results Along With Scrutiniser Report On Postal Ballot Notice Dated July 26 2017
Voting Results along with Scrutiniser Report on Postal Ballot notice dated July 26 201711-09-2017
11-09-2017
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RHC Holding Pvt Ltd11-09-2017
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RHC Holding Pvt Ltd11-09-2017
Sunil Godhwani's exit underlines Religare's slide
Sunil Godhwani, who oversaw the growth of ReligareEntrerprises from a small non-banking finance company, quit its board on Wednesday amid deepeningtroubles for the financial services major. Godhwani is the fourth director to quit in the past few months. The resignation comes at a time when the company's fundraising plans and proposed related party transactions are under scrutiny fromlenders and proxy advisory firms. In April, Monish Kant Dutt, a nominee of IFC, resigned fromReligare board. Dutt's resignation came less than two weeks after RaviMehrotra, a non-executive director, stepping down from Religare board.Following this, the company postponed its FY17 results andeventually released it with qualified opinion of auditors. The auditors were,among other things, concerned over regulatory scrutiny over loans given togroup entities by the lending subsidiary Religare Finvest. This further led torating firms downgrading the papers of the company and its subsidiaries. On July 28, another .08-09-2017
Religare Enterprises downfall continues; stock tanks 63% in one month
The stock hit a new low of Rs 38.15, down 5% on back of heavy volumes.07-09-2017
Change in Directorate
Mr. Sunil Godhwani Whole Time Director of the Comapany has resigned w.e.f. September 06, 201707-09-2017
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RHC Holding Pvt Ltd06-09-2017
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RHC Finance Pvt Ltd06-09-2017