The board of Religare Enterprises (REL) will meet on Thursday to consider unaudited standalone financial results for the quarter ended June 30. On July 13, the company had clarified (on exposure to promoters’ entities) that Religare Finvest, subsidiary of REL, has exposure of ₹2,036.70 crore and as part of recovery process RFL had issued legal notices and was initiating further action. Investors would look for clarifications on the issue.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.