Burman-Backed Religare to Split Financial Services and Insurance Arms: What Changes for Shareholders
Religare Enterprises Ltd, backed by the Burman family, has announced a major restructuring plan to split its financial services and insurance businesses into separate entities. This move is aimed at unlocking value for shareholders, streamlining operations, and providing sharper focus on each vertical. The demerger is expected to reshape Religare’s corporate structure and create independent…