Anagram Partners Advises Religare Enterprises on ₹1,500 Crore Preferential Allotment of Warrants

"Anagram Partners advised Religare Enterprises Limited on a ₹1,500 crore preferential allotment of warrants. Religare secured shareholder and regulatory approvals, including from SEBI and stock exchanges. The group is a diversified financial services provider active in SME lending, affordable housing finance, health insurance and retail broking."

Anagram Partners represented Religare Enterprises Limited in the transaction. Religare Enterprises secured shareholder and regulatory approvals, including from the Securities and Exchange Board of India and the relevant stock exchanges, to raise ₹1,500 crore through the preferential allotment of warrants. The allotment follows the approvals required under applicable securities and listing regulations. Religare Enterprises is a diversified financial services group that offers an integrated suite of services through its subsidiaries and operating entities, spanning SME lending, affordable housing finance, health insurance and retail broking. The listed group serves over 1.1 million clients across some 400 cities, catering to mass retail customers, SMEs, mid-sized corporates and high-net-worth individuals. Anagram Partners represented Religare Enterprises with a team composed by: Shuva Mandal (Partner); Jagdish Kaisare (Senior Associate); Saachi Pilinja (Associate); Harshal Baviskar (Associate).

Anagram Partners Advises Religare Enterprises on ₹1,500 Crore Preferential Allotment of Warrants

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