Rashmi Saluja Exits Religare Board After Shareholder Rejection

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Feb 13, 2025 18:04

Rashmi Saluja, executive chairman of Religare Enterprises, has ceased to be a director after shareholders did not approve her re-appointment. This comes amid Burmans' open offer to acquire a stake in the company.
Rashmi Saluja Exits Religare Board After Shareholder Rejection
Photograph: Courtesy LinkedIn
New Delhi, Feb 13 (PTI) Religare Enterprises on Thursday said Rashmi Saluja, the executive chairman of the company, ceased to be director of the board as she did not get approval from shareholders for her re-appointment.

The exit of Saluja, who has been executive chairperson of Religare Enterprises, comes amid Burmans' open offer to acquire an additional 26 per cent stake in the company.

She ceases to be non-independent director with effect from February 7, 2025, Religare Enterprises said in a regulatory filing.
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