Religare Enterprises: Update about appointment in subsidiary'
Religare Enterprises (RELIGARE) filed a disclosure titled "Update about appointment in subsidiary'". The company is valued at about ₹7,664 crore.
What happened
Religare Enterprises (RELIGARE) filed a disclosure with the exchanges on 6 October 2026 at 12:35 PM titled "Update about appointment in subsidiary'".
Company snapshot
Religare Enterprises is a small-cap company in the Financial Services sector, with a market value of about ₹7,664 crore.
The stock last traded at ₹224.6, against a 52-week range of ₹196.5–₹280 (19.8% below the high).
Before this filing the shares had moved −9.5% over the month and −15.3% over three months. Average daily turnover over the last 20 sessions was about ₹20.19 crore.
Promoters held 30.56% at the end of Q1 FY27. Foreign institutions owned 9.64% and domestic institutions 9.33%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,861 | 10.3 | 0.31 |
| Q2 FY26 | 2,064 | 38.8 | 1.17 |
| Q3 FY26 | 2,056 | -45.3 | -1.37 |
| Q4 FY26 | 2,467 | 82.2 | 2.47 |
| Q1 FY27 | 2,353 | -26.2 | -0.78 |
What history shows
BCEIE's records show 4 previous management change filings from the company since May 2026.
After those filings, the stock gained 0.4% on average the next trading day and was down 4.8% on average after five days (3 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.1% on average the next day and −0.4% over five days; 48% of them rose the next day.
Market-wide, 3,866 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 12 Aug 2026 | Appointment of Mr Arjun Lamba as Managing Director of the company… | −1.2% | −2.5% |
| 31 Jul 2026 | Management change | +1.3% | −9.3% |
| 23 Jun 2026 | General Updates W.R.T Religare Finvest Limited (A Material… | +1.0% | −2.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Religare Enterprises Share Price: 7 Stock Signals to Watch Now
- Religare’s former chairperson Rashmi Saluja seeks extension in SAT matter; next hearing on October 9
- Religare Enterprises AGM voting results confirm promoter pledge of ₹1,500 crore
- Compare Religare Enterprises with
- Religare Finvest appoints Gaurav Sharma as Chief Technology Officer
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.