Religare Enterprises AGM 2026: Votes, dates, FY26 details

What the AGM notice signals for shareholders

Religare Enterprises Limited (REL) has issued the notice for its 42nd Annual General Meeting (AGM), scheduled for September 24, 2026. The meeting will be held through video conferencing or other audio-visual means (VC/OAVM), in line with applicable Ministry of Corporate Affairs (MCA) and SEBI circulars referenced in the notice. The core agenda is familiar for an annual meeting, but investor attention is also tied to leadership changes and key regulatory discussions around the group’s demerger plan.

The AGM comes after a period of corporate actions and shareholder voting in 2026, including an Extraordinary General Meeting (EGM) on May 5, 2026. It also follows the disclosure of FY26 numbers, with REL reporting a consolidated profit after tax (PAT) of INR 73.16 crore and total income of INR 8,493.84 crore. The company’s stock has gained 22.55% over the last six months, according to the information provided.

AGM date, time, and meeting format

REL’s 42nd AGM is set for Thursday, September 24, 2026, and will start at 3:00 pm. The company has stated the meeting will be conducted via VC/OAVM. The notice also indicates that shareholders will be able to vote electronically, both through remote e-voting ahead of the meeting and e-voting during the AGM.

The company has engaged KFin Technologies Limited (KFinTech) to facilitate the remote e-voting process and e-voting during the meeting. The AGM notice and annual report for FY2025-26 are stated to be available through the company website and also via exchanges and the e-voting service provider.

Items on the agenda: ordinary and special business

The AGM notice outlines ordinary business items and special business items for member consideration. On the ordinary side, the agenda includes adoption of audited standalone and audited consolidated financial statements for FY26. It also includes the re-appointment of a director who retires by rotation.

On the special business side, the key proposal is a special resolution to re-designate an existing whole-time director as Managing Director. The notice links this to an earlier resolution passed at the EGM held on May 5, 2026, and clarifies that terms, tenure, and remuneration remain unchanged except for the redesignation.

Shareholder vote on Arjun Lamba’s redesignation as Managing Director

Shareholders will vote on the re-designation of Mr. Arjun Lamba (DIN: 00124804). He is currently described as a Whole-time Director (designated as Executive Director) and is proposed to be re-designated as Managing Director effective August 12, 2026.

The notice states this change modifies the earlier resolution approved at the May 5, 2026 EGM. At that EGM, shareholders had approved his appointment as Whole Time Director (Executive Director) for five years from April 1, 2026, with 95.53% votes in favour. The AGM vote, as presented, is focused on elevating the designation to Managing Director, while keeping the earlier approved terms intact.

Re-appointment proposal for Gurumurthy Ramanathan

The AGM includes a proposal to re-appoint Mr. Gurumurthy Ramanathan (DIN: 10366010) as a Director. As described in the notice, he retires by rotation and offers himself for re-appointment.

Director re-appointments are routine governance items at annual meetings, but they are still meaningful for investors tracking board continuity and oversight. The notice positions this as an ordinary business agenda item to be taken up alongside adoption of financial statements.

FY26 financial snapshot disclosed in the notice context

REL has reported a consolidated PAT of INR 73.16 crore for FY26. Total income for the same period is stated at INR 8,493.84 crore. These numbers provide the baseline context for the AGM’s financial statement adoption agenda.

Alongside the parent company’s results, the information provided also references performance at group entities. Care Health Insurance Limited reported gross written premium of INR 10,416.45 crore, with 22% year-on-year growth cited. Religare Broking Limited reported a profit of INR 23.1 crore, with support from a 7% increase in average daily turnover, as stated.

Demerger discussions and RBI approval: the key overhang

Investors are also tracking the status of REL’s demerger plan, with the material noting that the company’s financial services business demerger has not yet received regulatory approval. The information provided explicitly notes that RBI approval remains pending for the parent company’s demerger plan.

The notice context also points to an important operating update at subsidiary level: Religare Finvest Limited (RFL) has become debt-free and has exited the RBI’s Corrective Action Plan. However, this improvement at the subsidiary does not, by itself, resolve the outstanding regulatory step for the parent company’s demerger plan, which remains under discussion.

Remote e-voting window, cut-off date, and key timelines

REL has provided a defined cut-off date for determining shareholder eligibility to vote. Remote e-voting is scheduled to open on September 20, 2026 and close on September 23, 2026. This structure allows shareholders to vote in advance and also participate through e-voting during the AGM.

The company has also stated that it published AGM-related advertisements on September 1, 2026 in Financial Express and Jansatta. The notice references compliance with MCA general circulars and SEBI circulars governing VC/OAVM meetings and electronic voting processes.

Earlier 2026 shareholder decisions: office shift and leadership continuity

In 2026, REL’s shareholders voted on key governance and structural items at the EGM held on May 5, 2026. Two special resolutions were approved: shifting the registered office from Delhi to Haryana, with 98.48% votes in favour, and appointing Arjun Lamba as Whole Time Director (Executive Director) for five years from April 1, 2026, with 95.53% votes in favour.

The information provided also indicates that REL approved the continuation of Rajender Mohan Malla as Chairperson until December 31, 2026. Taken together with the Managing Director redesignation vote at the AGM, these items outline a continuing focus on leadership structure during FY26 and into FY27.

Market impact: what investors are reacting to

The material notes that Religare Enterprises has gained 22.55% over the last six months. While the notice itself is procedural, the upcoming AGM has decision points that investors may track closely, including the Managing Director redesignation and director re-appointment.

Separately, the demerger plan’s regulatory status is an ongoing focus. The information provided explicitly frames investor attention around RBI’s stance on the demerger plan, even as a key subsidiary has exited the Corrective Action Plan and turned debt-free. Market response, where visible, is likely to be influenced by clarity on governance approvals and any updates in regulatory discussions that the company chooses to share through statutory disclosures.

Analysis: why this AGM matters beyond routine approvals

AGMs typically revolve around financial statement adoption and statutory governance items, but they also create a formal checkpoint for investors to assess leadership decisions and board oversight. In REL’s case, the special resolution to re-designate Arjun Lamba as Managing Director, effective August 12, 2026, is a meaningful change in executive designation that shareholders will explicitly approve.

The meeting is also set against a backdrop of corporate restructuring steps already approved earlier in the year, such as the proposed registered office shift from Delhi to Haryana. And it is happening at a time when regulatory approval for the demerger plan is still pending, which keeps the spotlight on compliance, timelines, and communication through exchange filings.

Where to access documents and company contact details

REL has stated that the annual report and financial statements for the year ended March 31, 2026, along with the AGM notice, are available on the company website and through National Stock Exchange of India Limited, BSE Limited, and KFin Technologies Limited. The notice also instructs shareholders holding shares in electronic form to update email addresses with their depository participant, and provides a KFinTech email route for physical shareholders.

The address and contact details included in the provided material are: 1407, 14th Floor, Chiranjiv Tower, 43, Nehru Place, New Delhi, Delhi 110019, telephone 011-44725676.

Conclusion

Religare Enterprises’ 42nd AGM on September 24, 2026 will combine standard annual approvals with shareholder votes on leadership matters, including Arjun Lamba’s redesignation as Managing Director and Gurumurthy Ramanathan’s re-appointment. The FY26 results disclosed in the notice context set the operating backdrop, while investor attention remains on the demerger plan and the pending regulatory approval. The next near-term milestones are the cut-off date on September 17, 2026, the remote e-voting window from September 20 to 23, and the AGM proceedings at 3:00 pm on September 24, 2026.