Religare Enterprises saw its shareholding by Motilal Oswal Mutual Fund schemes fall to 2.2133% after a disposal of 39,99,781 shares on August 31, 2026, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Disclosure details

Motilal Oswal Asset Management Company Limited, acting as investment manager to the schemes of Motilal Oswal Mutual Fund, filed the disclosure with BSE Limited on September 3, 2026. The filing covers shares disposed through market transactions and is not related to any promoter or promoter group activity.

The following schemes of Motilal Oswal Mutual Fund are named as acquirers and persons acting in concert in the disclosure:

• Motilal Oswal ELSS Tax Saver Fund
• Motilal Oswal Large and Midcap Fund
• Motilal Oswal Nifty Microcap 250 Index Fund
• Motilal Oswal Services Fund
• Motilal Oswal BSE 1000 Index Fund

Shareholding movement

The table below summarises the change in holding before and after the disposal:

The disposal was executed through market transactions. The date of disposal is August 31, 2026.

Share capital of Religare Enterprises

The equity share capital of Religare Enterprises remained unchanged at 34,12,33,742 shares (face value of ₹10 each) both before and after the disposal. No diluted share or voting capital figure was reported post-disposal.

Religare Enterprises filed its Business Responsibility and Sustainability Report for FY26 with stock exchanges on September 2, 2026. The disclosure covers the financial year ending March 31, 2026.

The filing details standalone operations, including a turnover of ₹1,644.09 lakh and a net worth of ₹2,46,615.24 lakh. As a core investment company, Religare operates through subsidiaries in lending, broking, and insurance.

Operational Scope

The entity reported four primary business segments contributing to its turnover. Lending activities accounted for 16.2%, followed by other investments at 16.6%. Broking activities contributed 11.8%, while insurance activities made up 2.1% of the total turnover.

Unallocated activities, such as income tax refunds, constituted the remaining 53.3% of revenue under Indian Accounting Standards.

Environmental Metrics

Total energy consumption from non-renewable sources fell to 282.48 GJ in FY26, down from 525.39 GJ in FY25. This reduction drove a decline in total Scope 1 and Scope 2 greenhouse gas emissions to 48.93 tCO₂e from 68.13 tCO₂e in the prior year.

Water withdrawal decreased to 252.91 kilolitres from 285.15 kilolitres. The company generated 0.30 metric tonnes of plastic waste, up slightly from 0.26 metric tonnes in FY25.

Governance and HR

Religare employed 30 permanent staff as of March 31, 2026, comprising 20 males and 10 females. The attrition rate for permanent employees stood at 11% in FY26, a significant decrease from 69% in FY25.

The Board of Directors includes one female director, representing 11% of the total board strength. No CSR spending was mandated for FY26 due to losses incurred in the preceding three years.