{"id":46628,"date":"2026-08-08T14:07:57","date_gmt":"2026-08-08T08:37:57","guid":{"rendered":"https:\/\/banitoday.com\/religares-demerger-nixed-by-rbi\/"},"modified":"2026-08-08T14:07:57","modified_gmt":"2026-08-08T08:37:57","slug":"religares-demerger-nixed-by-rbi","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/religares-demerger-nixed-by-rbi\/","title":{"rendered":"Religare\u2019s demerger nixed by RBI"},"content":{"rendered":"


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In a filing dated Aug 7, Religare said RBI, in a communication dated Aug 6, informed the company that its application seeking no-objection or prior approval for the scheme \u201chas been examined and that the request has not been acceded to\u201d<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n

MUMBAI: Religare Enterprises\u2019 proposed demerger of its financial services business into Religare Finvest has hit a regulatory hurdle after RBI<\/a> declined to grant its no-objection, stalling a restructuring plan that had already secured stock exchange clearances and was awaiting statutory approvals.In a filing dated Aug 7, Religare said RBI, in a communication dated Aug 6, informed the company that its application seeking no-objection or prior approval for the scheme \u201chas been examined and that the request has not been acceded to\u201d. A similar communication dated Aug 7, was received by Religare Finvest. The scheme, approved by the boards on Feb 14, 2026, involved the transfer of the \u201cdemerged undertaking\u201d of Religare to Religare Finvest under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.<\/div>\n<\/div>\n


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In a filing dated Aug 7, Religare said RBI, in a communication dated Aug 6, informed the company that its application seeking no-objection or prior approval for the scheme \u201chas been examined and that the request has not been acceded to\u201d MUMBAI: Religare Enterprises\u2019 proposed demerger of its financial services business into Religare Finvest has […]<\/p>\n","protected":false},"author":1,"featured_media":46629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-46628","post","type-post","status-publish","format-standard","has-post-thumbnail"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t