Religare’s new chapter: Saluja out, new interim chairperson takes charge

After an 18-month public spat over control of Religare Enterprises Ltd (REL), the Company announced the exit of Chairperson Ms. Rashmi Saluja. The Company also announced the appointment of Independent Director, Mr. Praveen Kumar Tripathi, as the Interim Chairperson until the 30th of June, 2025. The Company Board said that it will rotate Chairperson duties among Independent Directors until a new Executive Director is selected.

Our Founder and MD, Mr. Shriram Subramanian, has been quoted in an article in Mint, giving his view on the current situation at Religare Enterprises.

Read the full article here: https://www.livemint.com/companies/religares-new-chapter-saluja-out-new-interim-chairperson-takes-charge-11739460029085.html