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The Economic Times

Economy / The Economic Times

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Burman-backed Religare Enterprises announces demerger to unlock shareholder value

Religare Enterprises Ltd (REL), backed by the Burman family, has approved a plan to split its financial services and insurance businesses into two separate listed companies. REL will retain its stake in Care Health Insurance Ltd, while the financial services operations will move to a subsidiary, Religare Finvest Ltd (RFL).

15 Feb 2026 2:11 pm