Religare Enterprises files FY26 business responsibility report

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Religare Enterprises filed its FY26 BRSR report on September 2, 2026
  • Total non-renewable energy consumption dropped to 282.48 GJ from 525.39 GJ
  • GHG emissions (Scope 1 & 2) fell to 48.93 tCO₂e from 68.13 tCO₂e
  • Employee attrition rate declined sharply to 11% from 69% in FY25
  • CSR spending was not required due to losses in the past three years
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*this image is generated using AI for illustrative purposes only.

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.

Business Segment Turnover Share
Other Investments 16.6%
Lending Activities 16.2%
Broking Activities 11.8%
Insurance Activities 2.1%

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.

Historical Stock Returns for Religare Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-0.69%+8.58%-2.01%+17.08%+2.72%+61.66%

How might the significant reduction in employee attrition from 69% to 11% impact Religare's operational stability and long-term talent retention strategies?

Given that 53.3% of turnover is attributed to unallocated activities like tax refunds, what does this suggest about the sustainability of Religare's core revenue streams?

Will the absence of mandatory CSR spending due to prior losses affect stakeholder confidence or regulatory scrutiny in upcoming financial years?

Religare Enterprises schedules AGM for September 24, 2026

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Religare Enterprises holds its 42nd AGM on September 24, 2026, via video conferencing
  • Shareholders can vote remotely from September 20 to September 23, 2026
  • Agenda includes adopting FY26 financial statements and re-appointing a retiring director
  • Special resolution seeks to re-designate Arjun Lamba as Managing Director
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*this image is generated using AI for illustrative purposes only.

Religare Enterprises Limited has scheduled its 42nd Annual General Meeting for Thursday, September 24, 2026. The meeting will commence at 3:00 pm via Video Conferencing or Other Audio Visual Means. Shareholders can exercise remote e-voting from September 20 to September 23, 2026.

Meeting Agenda

The AGM notice outlines both ordinary and special business items for consideration by the members.

Ordinary Business

  1. Adoption of Audited Standalone Financial Statements for FY26.
  2. Adoption of Audited Consolidated Financial Statements for FY26.
  3. Re-appointment of Mr. Gurumurthy Ramanathan (DIN: 10366010) as a Director, who retires by rotation and offers himself for re-appointment.

Special Business

The company seeks approval for the re-designation of Mr. Arjun Lamba (DIN: 00124804). Currently serving as Whole-time Director (designated as Executive Director), he is proposed to be re-designated as Managing Director with effect from August 12, 2026. This change modifies the earlier resolution passed at the Extraordinary General Meeting held on May 5, 2026. All other terms, tenure, and remuneration remain unchanged.

E-Voting Details

Religare Enterprises has engaged KFin Technologies Limited to facilitate remote e-voting and e-voting during the AGM. The cut-off date for determining shareholder eligibility is Thursday, September 17, 2026.

Event Date Time
Cut-off Date September 17, 2026 N/A
Remote E-voting Start September 20, 2026 9:00 am
Remote E-voting End September 23, 2026 5:00 pm
AGM Date September 24, 2026 3:00 pm

Document Availability

The Annual Report and Financial Statements for the fiscal year ended March 31, 2026, along with the AGM Notice, are available on the company website. These documents are also accessible via the National Stock Exchange of India Limited, BSE Limited, and KFin Technologies Limited. Members holding shares in electronic form should update their email addresses with their Depository Participant. Physical shareholders may contact KFinTech at inward.ris@kfintech.com for registration updates.

Regulatory Compliance

The company published advertisements regarding the AGM on September 1, 2026, in Financial Express and Jansatta. The proceedings align with Ministry of Corporate Affairs General Circulars No. 20/2020, No. 14/2020, No. 17/2020, and No. 03/2025. They also comply with SEBI Circulars SEBI/HO/CFD/CMD1/CIR/P/2020/79 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2024/133.

Historical Stock Returns for Religare Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-0.69%+8.58%-2.01%+17.08%+2.72%+61.66%

How might the re-designation of Arjun Lamba to Managing Director influence Religare Enterprises' strategic direction and operational restructuring in the coming fiscal year?

What specific financial performance metrics from the FY26 audited statements are likely to drive investor sentiment and stock valuation post-AGM?

Could the re-appointment of Gurumurthy Ramanathan signal continuity in corporate governance, or does it indicate a need for fresh leadership perspectives amid market changes?

More News on Religare Enterprises

1 Year Returns:+2.72%