Religare Enterprises

NSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 321.00 NSE:Rs. 320.00 when posted]

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Religare Enterprises Limited has informed the Exchange regarding the press release dated November 12, 2008, titled "Religare strengthens its "Bancinvest" Channel, Adds Karur Vysya Bank to its Kitty". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....

BSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 321.00 NSE:Rs. 320.00 when posted]

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Religare Enterprises Ltd has informed BSE regarding a Press Release dated November 12, 2008 titled "Religare strengthens its "Bancinvest" Channel; Adds Karur Vysya Bank to its kitty"....

Religare picks up stake in Dubai-based firm

Posted by : zoombusiness
Price when posted : BSE: Rs 327.50 ( -2.14 % ), NSE: Rs. 328.00 ( -1.99 % )

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Super Religare Labs, promoted by the Singh brothers, has acquired Dubai-based Mena Healthcare for $20 million...

NSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 324.00 NSE:Rs. 324.00 when posted]

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Religare Enterprises Limited has informed the Exchange that pursuant to the provision of Section 192A of the Companies Act, 1956 ("the Act") read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, ("the Rules") and amendments thereto, the Company is seeking the consent of its members for the proposed resolutions appended below to be passed as Ordinary Resolutions by way of Postal Ballot. (1) Ordinary Resolution under Section 16 and 94 of the Companies Act, 1956 for increasing the Authorised Share Capital of the Company and corresponding amendment to the Memorandum of Association. (2) Ordinary Resolution under Section 293(1)(d) of the Companies Act, 1956 for increasing the Borrowing Limits of the Company. The Company has appointed Mr. Sanjay Grover, Company Secretary in whole-time Practice, as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. Duly completed postal ballot form should reach to the Scrutinizer not later than the close of working hours on December 01, 208. Upon completion of the scrutiny of the forms, the Scrutinizer will submit his report to the Board of Directors. Subsequently, the results of the Postal Ballot will be announced by the Chairman or in his absence by any of the director of the Company on Decembeer 03, 2008. A copy of the notice of postal ballot shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 325.00 NSE:Rs. 325.15 when posted]

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Religare Enterprises Ltd has informed BSE that the members of the Company will consider to approve the Ordinary resolutions through Postal Ballot....

Mutual Fund AMC changes hand

Posted by : rvk41
Price when posted : BSE: Rs 325.00 ( -0.09 % ), NSE: Rs. 325.15 ( -0.15 % )

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Religare Enterprises (REL) one of the leading financial services groups of India, confirmed that it has agreed to acquire Lotus India asset management company (Lotus India AMC) from it`s majority shareholders, Alexandra Fund Management an affiliate of Fullerton Fund Management company and Sabre Capital. The acquisition is subject to the regulatory approvals. Religare didn`t disclose the amount for which the acquisition was done, which is subject to regulatory approval.

Lotus India AMC manages assets in excess of Rs 50 billion domestic mutual funds. Religare after the acquisition will infuse additional funds into the schemes of Lotus India AMC. The existing investors of Lotus India will be supported and served by Religare.

Lotus India AMC is a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide.

Religare has an existing presence in the asset management space through a joint venture with Aegon. The company made the acquisition with intent to further strengthen its position in asset management space in the Indian market
For information,with regards
rvk41...

Religare

Posted by : zoombusiness
Price when posted : BSE: Rs 329.00 ( 1.14 % ), NSE: Rs. 329.45 ( 1.17 % )

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The board of directors of Religare Enterprises approved a proposal to buy 100 per cent or a majority stake in Lotus India Asset Management Company Pvt Ltd from Alexandra Fund Management, an affiliate of Fullerton Fund Management Company, and London-based Sabre Capital. Lotus India is a joint venture between a unit of Singapore`s Temasek Holdings and London-based Sabre Capital Worldwide.

Lotus India AMC manages over Rs 5,000 crore in domestic mutual funds and Religare through a joint venture with Dutch financial firm AEGON already has a presence in the AMC space. Religare is controlled by the Singh family, who recently sold their stake in Ranbaxy Laboratories to Japan`s Daiichi Sankyo.--BN
...

NSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 326.50 NSE:Rs. 326.05 when posted]

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Religare Enterprises Limited has informed the Exchange regarding the press release dated November 04, 2008, titled "Religare to acquire Lotus India AMC". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 328.90 NSE:Rs. 336.50 when posted]

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Religare Enterprises Ltd has informed BSE that the Board of Directors of the Company at their meeting held on November 04, 2008, approved the proposal to discuss, negotiate and finalise the terms for acquiring 100% or majority Equity shareholding of Lotus India Asset Management Company Pvt Ltd and delegated authority to sign all necessary documents, MOUs and agreements in this regard....

NSE Announcements on Religare Enterp

Posted by : MMB Messenger
Price when posted : [Religare Enterp - BSE:Rs. 328.90 NSE:Rs. 336.50 when posted]

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Religare Enterprises Limited has informed the Exchange that "The Boards of Directors of the Company in their meeting held today i.e. 4th November 2008 approved the proposal to discuss, negotiate and finalise the terms for acquiring 100% or majority Equity shareholding of Lotus India Asset Management Company Pvt. Ltd. and delegated authority to sign all necessary documents, MOUs and agreements in this regard"....

NSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 327.90 NSE:Rs. 325.40 when posted]

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Religare Enterprises Limited has informed the Exchange that the Company is the proud winner of the Outlook Money- NDTV Profit Awards 2008 in the category- Best New Listing on October 15, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) ...

BSE Announcements on Religare Enterp

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Price when posted : [Religare Enterp - BSE:Rs. 327.90 NSE:Rs. 325.40 when posted]

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Religare Enterprises Ltd has informed BSE that the Company is proud winner of the Outlook Money - NDTV Profit Award 2008 in the category - Best New Listing on October 15, 2008"

Annoucement :

"The award ceremony took place in Mumbai on October 15, 2008. Dr. Bimal Jalan, Member of Parliament was the Chief Guest and Mr. CB Bhave, Chairman, Securities & Exchange Board of India was the Keynote Speaker.

Mr. Sunil Godhwani, CEO & MD Religare Enterprises Ltd received the award which was presented by Mr. CB Bhave. The award consists of a trophy and a certificate.

The winners were selected by a seven member jury, headed by Dr. RH Patil, Chairman, Clearing Corporation of India."...

BSE Announcements on Religare Enterp

Posted by : MMB Messenger
Price when posted : [Religare Enterp - BSE:Rs. 327.90 NSE:Rs. 325.40 when posted]

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Religare Enterprises Ltd has informed BSE that the Share Allotment Committee of Directors of the Company at its meeting held on October 31, 2008, has allotted 3,000 Equity Shares on exercise of stock options under the Employees Stock Option Scheme 2006 of the Company. The paid up Equity Share Capital of the Company post allotment is 76163989 Equity Shares of Rs 10 each aggregating Rs 76,16,39,890/-....

NSE Announcements on Religare Enterp

Posted by : MMB Messenger
Price when posted : [Religare Enterp - BSE:Rs. 325.10 NSE:Rs. 325.40 when posted]

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Religare Enterprises Limited has informed the Exchange that "The Share Allotment Committee of Directors of the Company, in their meeting held on October 31, 2008 has allotted 3,000 Equity Shares on exercise of stock options under the Employees Stock Options Scheme 2006 of the Company. The paid up Equity Share Capital of the Company post allotment is 76163989 Equity Shares of Rs. 10 each aggregating Rs. 76,16,39,890/-"....