Religare Enterprises Limited has received an order from the Securities and Exchange Board of India (SEBI) dated July 31, 2026, which disposes of an Interim Order cum Show Cause Notice issued on June 19, 2024. The notice, which had alleged a failure to cooperate during an Open Offer process, has been concluded without any directions being issued against the noticees, including the company and its directors.
SEBI Concludes Interim Order Against Religare Enterprises
Religare Enterprises Limited (REL) announced on August 3, 2026, that it has received a final order from the Securities and Exchange Board of India (SEBI) dated July 31, 2026. This order effectively disposes of the Interim Order cum Show Cause Notice that was initially issued by SEBI on June 19, 2024.
Background of the Notice
The original notice had alleged that certain noticees, including Religare Enterprises Limited and its Board of Directors, failed to cooperate during the Open Offer process. This process was initiated following a public announcement made by entities intending to acquire shares of REL. The company and its directors were involved as noticees in this regulatory proceeding.
Order Outcome
In its latest order, SEBI has disposed of the aforementioned Interim Order cum Show Cause Notice. Significantly, the order states that it has been disposed of without any directions being issued. This marks a conclusion to the specific regulatory action mentioned in the initial notice, with no further directives from SEBI in this regard.
Disclosure Compliance
The details pertaining to this disclosure, as prescribed under SEBI Listing Regulations, have been provided as Annexure 1 to the announcement. This communication serves to inform stakeholders about the resolution of the interim regulatory matter.
Source: BSE
