The Board of Directors of Religare Enterprises Limited convened on March 30, 2026, approving two significant leadership changes effective April 01, 2026. Mr. Arjun Lamba was appointed as the Whole Time Director (Executive Director) for five years. Additionally, Mr. Rajender Mohan Malla’s term as Non-Executive Chairperson was ratified until June 30, 2026. Both appointments are subject to necessary shareholder approvals.
Leadership Transitions at Religare Enterprises
Religare Enterprises Limited announced key decisions made by its Board of Directors during their meeting held on March 30, 2026, which commenced at 03:30 p.m. and concluded at 04:20 p.m. The primary outcomes involved the appointment of a new executive leader and the confirmation of the current Non-Executive Chairperson’s tenure.
Appointment of Whole Time Director
Following the recommendation of the Nomination & Remuneration Committee, the Board approved the appointment of Mr. Arjun Lamba (DIN: 00124804) as a Whole Time Director, specifically designated as an Executive Director. This appointment is set for a term of five years, effective starting April 01, 2026. His appointment is contingent upon receiving approval from the Company’s Shareholders. It was confirmed that Mr. Lamba is not related to any existing Director and is not restricted from holding directorial positions by any regulatory authority.
Profile of Mr. Arjun Lamba
Mr. Lamba is noted as the founder of Guardian Advisors Private Limited, a SEBI-registered Portfolio Management Services (PMS) firm established in 2005. He possesses over 23 years of experience in India’s capital markets, focusing on equity investing and portfolio management. Notably, Mr. Lamba played a crucial role in the acquisition of both Eveready Industries and Religare Enterprises on behalf of the Burman Family. Since September 2022, he has served as a Non-Executive and Non-Independent Director on the Board of Eveready Industries India Limited. He holds a BBA degree from École Les Roches, Switzerland.
Chairperson’s Term Extended
The Board also approved the continuation of Mr. Rajender Mohan Malla, the current Non-Executive & Independent Director, serving as the Non-Executive Chairperson of the Company. This extension is effective from April 01, 2026, through June 30, 2026.
Regulatory Disclosure Details (Annexure 1 Summary)
The details regarding Mr. Lamba’s appointment, as required by applicable regulations, confirm his transition from a Non-Executive & Non-Independent Director role to the Whole Time Director role. His term of appointment is for five years commencing April 01, 2026, and his office shall not be liable to retire by rotation. No disclosures regarding relationships with other directors were applicable (Nil).
Source: BSE
