Religare Enterprises Ltd (REL), diversified monetary providers conglomerate, on Thursday stated that its Govt Chairperson Rashmi Saluja has ceased to be a director of the corporate.
In the meantime, in one other trade submitting stated that it’s Board of Administrators had at their Assembly on February 11 appointed Praveen Kumar Tripathi, Non-Govt Unbiased Director, because the Chairperson of the Firm till June 30, 2025.
In a submitting with the inventory exchanges, REL, which is within the midst of company takeover battle, cited a Scrutiniser report back to submit that 97 per cent votes have been forged in latest AGM in opposition to the decision looking for the reappointment of Saluja on the Board of REL.
Saluja had just lately moved court docket looking for intervention in opposition to her removing from the Board, submit shareholders rejecting her re-appointment final week. Within the latest AGM, Saluja didn’t provide herself for re-appointment as director, claiming that she was not liable to retire by rotation.
