Religare Enterprises Limited has announced the successful approval of two major resolutions during its Extra Ordinary General Meeting (EGM) held on May 5, 2026 through video conferencing and other audio-visual means.

The company disclosed the voting results and scrutinizer’s report to the National Stock Exchange (NSE) and BSE Limited on May 7, 2026 in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The shareholders approved:

• Shifting the registered office from Delhi to Haryana
• Appointment of Mr. Arjun Lamba as Whole Time Director and Executive Director

The resolutions received strong support from shareholders through remote e-voting and electronic voting conducted during the meeting.

Registered Office Shift Approved

The first special resolution proposed before shareholders was related to shifting the registered office of the company from the National Capital Territory of Delhi to the State of Haryana.

The proposal also included consequential amendment to Clause II of the Memorandum of Association of the company.

Voting Outcome

The resolution was passed with overwhelming support from shareholders.

• Total votes polled: 18,87,47,494
• Votes in favour: 18,58,74,757
• Votes against: 28,72,737
• Approval percentage: 98.4780%

This indicates that a very large majority of shareholders supported the company’s decision to move its registered office.

Why Companies Shift Registered Offices

Companies shift their registered offices for multiple strategic and operational reasons, including:

• Better administrative convenience
• Proximity to management or operational centres
• Regulatory efficiency
• Cost optimisation
• Improved infrastructure access
• Business expansion plans

For Religare Enterprises, the move to Haryana may help align corporate operations more effectively with its business activities and management structure.

Arjun Lamba Appointed as Executive Director

The second special resolution related to the appointment of Mr. Arjun Lamba (DIN: 00124804) as:

• Whole Time Director
• Executive Director

The appointment includes approval of terms and remuneration.

Voting Outcome for Director Appointment

The resolution also received strong shareholder approval.

• Total votes polled: 18,87,47,494
• Votes in favour: 18,03,06,652
• Votes against: 84,40,842
• Approval percentage: 95.5280%

Although some shareholders voted against the proposal, the resolution comfortably crossed the required approval threshold.

Participation Details from Shareholders

The EGM witnessed active shareholder participation through digital means.

Total Shareholders on Record Date

• 77,860 shareholders

Shareholders Attending Through Video Conferencing

• Public shareholders: 103
• Promoters and promoter group: 0

The company conducted the meeting entirely through electronic means, reflecting the continued adoption of virtual shareholder meetings by listed companies.

Breakdown of Voting Categories

The voting results showed participation across different shareholder categories:

Promoter and Promoter Group

Promoter shareholders voted entirely in favour of both resolutions.

Public Institutional Shareholders

Institutional investors also supported the resolutions significantly, although the Executive Director appointment saw relatively higher dissent compared to the office shift proposal.

Public Non-Institutional Shareholders

Retail and non-institutional investors largely voted in favour of both proposals.

The strong approval percentages demonstrate broad shareholder confidence in the company’s decisions.

Importance of the Haryana Office Shift

The shift of registered office from Delhi to Haryana is an important corporate development because it requires:

• Shareholder approval through special resolution
• Regulatory filings
• Amendments to constitutional documents
• Coordination with authorities

The move may provide administrative and operational flexibility to the company.

Haryana, especially regions near NCR, has emerged as a major corporate and financial hub due to:

• Better infrastructure
• Corporate-friendly environment
• Connectivity advantages
• Presence of large business ecosystems

Significance of Executive Director Appointment

The appointment of Arjun Lamba as Executive Director is another significant corporate decision.

Executive Directors are directly involved in:

• Day-to-day management
• Strategic execution
• Operational leadership
• Corporate governance

The approval by shareholders reflects confidence in the company’s leadership strategy and management direction.

Corporate Governance Compliance

Religare Enterprises complied with all regulatory requirements under:

• SEBI LODR Regulations
• Companies Act, 2013
• E-voting rules
• Scrutinizer reporting norms

The company also submitted:

• Voting results
• Consolidated scrutinizer report
• EGM attendance details

to stock exchanges for transparency and investor communication.

Role of E-Voting in Modern Corporate Governance

Electronic voting has become an important part of corporate governance in India.

Benefits include:

• Wider shareholder participation
• Faster vote counting
• Transparency
• Reduced logistical costs
• Better accessibility for investors

Religare’s EGM was conducted fully through video conferencing and e-voting systems, showing the increasing digitalisation of corporate meetings.

About Religare Enterprises Limited

Religare Enterprises Limited (REL) is a diversified financial services company operating across multiple business segments.

The company has interests in:

• Lending
• Insurance
• Health services
• Financial services
• Investment businesses

Religare is listed on both:

• NSE under the symbol RELIGARE
• BSE under the code 532915

The company’s corporate office is located in Noida, Uttar Pradesh.

Shareholder Sentiment and Market Impact

The strong voting support for both resolutions may be viewed positively by investors as it reflects:

• Shareholder alignment with management
• Confidence in strategic decisions
• Stability in corporate governance

Corporate restructuring measures and leadership appointments are often closely tracked by shareholders and analysts because they can influence future growth strategies.

Regulatory Importance of Special Resolutions

Under Indian corporate law, special resolutions generally require at least:

• 75% shareholder approval

Both resolutions passed comfortably above this threshold:

• Office shift resolution: 98.47%
• Director appointment resolution: 95.53%

This indicates strong institutional and public shareholder backing.

Digital Corporate Meetings Becoming Standard

The meeting also highlights how listed companies increasingly use:

• Video conferencing
• Remote voting
• Digital participation systems

Such systems improve accessibility for shareholders located across India and globally.

The adoption of digital meetings accelerated after the pandemic and has now become a widely accepted governance practice.

Official Company Communication

The company stated that:

• Voting results were submitted under applicable SEBI regulations
• Scrutinizer reports were enclosed with exchange filings
• The resolutions were approved by shareholders during the EGM

The filing was signed by:
Anuj Jain
Company Secretary & Compliance Officer

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