Religare Enterprises has appointed Rajender Mohan Malla as Non-Executive Chairperson for the quarter ending December 31, 2026. The Board of Directors approved the continuation through a resolution by circulation on September 14, 2026.

The appointment follows a rotational policy adopted by the Board, wherein one director serves as Chairperson for each calendar quarter. Mr. Malla, an Independent Director, previously held the position from July 1, 2026, to September 30, 2026.

Governance Structure

The company informed the National Stock Exchange and BSE Limited of the decision in a corporate communication dated September 14, 2026. This update references earlier disclosures made on February 13, 2025, regarding the rotational chairperson framework.

Babu Rao P., Group General Counsel & Group Chief Compliance Officer, signed the communication. The appointment ensures continuity in leadership for the fourth quarter of FY27.

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.