Religare Enterprises has issued an official clarification in response to a MoneyControl report concerning the Care Health Insurance demerger. The company's statement aims to address any market speculation or investor concerns that may have emerged following the media coverage.

Company's Official Position

The financial services company has categorically denied the existence of any significant developments related to the Care Health Insurance demerger that have not been disclosed to the market. The management emphasized transparency in their communication with stakeholders.

Market Communication

Religare Enterprises' response underscores the company's commitment to maintaining clear communication with investors and regulatory authorities. The clarification serves to ensure that market participants have accurate information regarding the Care Health Insurance demerger situation.

The company's proactive approach in addressing the media report demonstrates its focus on maintaining transparency and preventing any potential misunderstandings in the market. This type of corporate communication is typically issued to maintain investor confidence and ensure compliance with disclosure requirements.

Religare enterprises has allotted 150,000 equity shares under its Employee Stock Option Plan 2019, following approval from the company's Investment, Borrowing and Share Allotment Committee. The allotment represents the exercise of stock options granted under the REL ESOP Plan 2019.

Committee Meeting Details

The Investment, Borrowing and Share Allotment Committee of Religare Enterprises Limited convened on February 02, 2026, commencing at 12.12 P.M. and concluding at 12.45 P.M. During this meeting, the committee approved the allotment of equity shares pursuant to the exercise of stock options by eligible employees.

Share Allotment Specifics

The following table outlines the key details of the share allotment:

Impact on Share Capital

The allotment has resulted in an increase in the company's issued, subscribed and paid-up equity capital. The capital structure comparison is presented below:

Regulatory Compliance

The company has duly informed both the National Stock Exchange of India Ltd. and BSE Limited about this corporate action under Regulation 30. The communication was signed by Anuj Jain, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency with stakeholders.

This allotment under the ESOP plan represents the company's commitment to employee participation in equity ownership, allowing eligible employees to exercise their stock options and become shareholders in the organization.