All eyes will be on the stock of Religare Enterprises on Monday. The company has given a big update regarding demerger on the exchange on Saturday. This demerger is considered to be the first major restructuring move since February 2025, when the Burman family conducted a hostile takeover of the company from the old management of Religare. In the information given to the exchange, the company said that after the demerger, the company will be divided into two separate entities Religare Enterprises Ltd (REL) and Religare Finvest Ltd (RFL).
Demerger News: Religare Enterprises will be divided into two companies, what will happen to the shareholders? – market
