Religare Enterprises Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Milind Patel

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

Sentiment Still Eluding Religare Enterprises Limited (NSE:RELIGARE)

Jan 25

Many Still Looking Away From Religare Enterprises Limited (NSE:RELIGARE)

Aug 05

The Group Chief Financial Officer of Religare Enterprises Limited (NSE:RELIGARE), Nitin Aggarwal, Just Sold 78% Of Their Holding

Mar 10

Here's What Religare Enterprises Limited's (NSE:RELIGARE) Shareholder Ownership Structure Looks Like

Dec 17

A Look At Religare Enterprises' (NSE:RELIGARE) Share Price Returns

Oct 26

Is Religare Enterprises Limited (NSE:RELIGARE) Popular Amongst Insiders?

Sep 02

CEO

Milind Patel (54 yo)

less than a year

Tenure

₹14,316,305

Compensation

Mr. Milind Narendra Patel was Group Chief Executive Officer at Religare Enterprises Ltd. since August 07, 2018 until July 19, 2019. He is an Investment Banker with more than 26 years in the field.He serve...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rashmi Saluja	Executive Chairperson	5.4yrs	₹81.20m	0.81% ₹ 577.5m
Nishant Singhal	President & General Counsel	3.9yrs	₹64.20m	0% ₹ 0
Nitin Aggarwal	Group Chief Financial Officer	4.7yrs	₹101.15m	0.073% ₹ 51.9m
Sanjeev Tandon	Senior Vice President of Finance & Accounts	no data	₹10.30m	0.0074% ₹ 5.3m
Richa Mishra	Director & Group Head - HR	no data	₹8.78m	0.0072% ₹ 5.2m
Rajesh Sharma	President of Internal Audit	6.3yrs	₹49.29m	0.0015% ₹ 1.1m
Shalabh Garg	Senior Vice President of Information Technology	no data	₹12.91m	0.021% ₹ 14.9m
Reena Jayara	Senior VP & Company Secretary	6.5yrs	₹10.69m	0.010% ₹ 7.3m
Sandeep Diwan	Vice President of Finance & Accounts	no data	₹6.27m	0.025% ₹ 17.9m
Gunjan Ray	Vice President of Human Resources	no data	₹10.23m	no data
Milind Patel	Group Chief Executive Officer	less than a year	₹14.32m	no data
Pratul Gupta	Director & Head of Strategy	1.8yrs	no data	no data

4.3yrs

Average Tenure

46.5yo

Average Age

Experienced Management: RELIGARE's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rashmi Saluja	Executive Chairperson	5.4yrs	₹81.20m	0.81% ₹ 577.5m
Ashok Mehta	Non-Executive Non-Independent Director	less than a year	no data	no data
Malay Sinha	Non-Executive Independent Director	6yrs	₹2.08m	no data
Praveen Tripathi	Additional Non-Executive & Independent Director	2.4yrs	₹1.00m	no data
Preeti Madan	Non-Executive Independent Director	1.3yrs	₹100.00k	no data
Hamid Ahmed	Additional Non-Executive Independent Director	3.3yrs	₹2.00m	no data
Ranjan Dwivedi	Non-Executive Independent Director	2.4yrs	₹700.00k	no data

2.4yrs

Average Tenure

67yo

Average Age

Experienced Board: RELIGARE's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Religare Enterprises Management

Management criteria checks 1/4

Key information

Recent management updates

Executive Chairperson recently sold ₹427m worth of stock

Insider recently sold ₹4.2m worth of stock

Group Chief Financial Officer recently sold ₹81m worth of stock

High number of new directors

Insider recently sold ₹10m worth of stock

Religare Enterprises Announces Chief Executive Officer Changes

Recent updates

Executive Chairperson recently sold ₹427m worth of stock

Insider recently sold ₹4.2m worth of stock

Group Chief Financial Officer recently sold ₹81m worth of stock

Third quarter 2024 earnings released: EPS: ₹0.61 (vs ₹3.64 loss in 3Q 2023)

Sentiment Still Eluding Religare Enterprises Limited (NSE:RELIGARE)

High number of new directors

Insider recently sold ₹10m worth of stock

Religare Enterprises Announces Chief Executive Officer Changes

Group Chief Financial Officer recently sold ₹199m worth of stock

New major risk - Earnings quality

Second quarter 2024 earnings released: EPS: ₹0.78 (vs ₹6.49 loss in 2Q 2023)

Key Executive recently sold ₹347m worth of stock

Burmans of Dabur Make an Open Offer to Acquire 26% Stake in Religare Enterprises

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 16%

Religare Enterprises Limited to Report Q2, 2024 Results on Nov 14, 2023

Religare Enterprises Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: EPS: ₹1.95 (vs ₹2.38 loss in 1Q 2023)

Many Still Looking Away From Religare Enterprises Limited (NSE:RELIGARE)

Investor sentiment improves as stock rises 16%

Religare Enterprises Limited Appoints Rakesh Asthana as Group Head Corporate Affairs & Business Advisor, Effective August 03, 2023

Group Chief Financial Officer recently sold ₹58m worth of stock

Full year 2023 earnings released: EPS: ₹96.06 (vs ₹51.33 loss in FY 2022)

Group Chief Financial Officer recently sold ₹14m worth of stock

Religare Enterprises Limited Approves Appointment of Ms. Preeti Madan as Non-Executive Independent Director

Third quarter 2023 earnings released: ₹3.64 loss per share (vs ₹7.84 loss in 3Q 2022)

Religare Enterprises Limited Announces Resignation of Vijayalakshmi Rajaram Iyer as Non-Executive Independent Director

Second quarter 2023 earnings released: ₹6.49 loss per share (vs ₹13.99 loss in 2Q 2022)

Religare Enterprises Limited to Report Q3, 2023 Results on Feb 14, 2023

Religare Enterprises Limited, Annual General Meeting, Sep 23, 2022

Religare Enterprises Limited Announces Board Changes

First quarter 2023 earnings released: ₹2.38 loss per share (vs ₹9.75 loss in 1Q 2022)

Full year 2022 earnings released: ₹51.33 loss per share (vs ₹19.65 loss in FY 2021)

High number of new directors

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Executive VP and Head of Strategy recently sold ₹5.0m worth of stock

Insider recently sold ₹2.0m worth of stock

Insider recently sold ₹3.9m worth of stock

Executive Chairperson recently sold ₹100m worth of stock

Insider recently sold ₹3.1m worth of stock

First quarter 2022 earnings released: ₹9.75 loss per share (vs ₹7.27 loss in 1Q 2021)

Religare Enterprises Limited announced that it has received INR 5.699999095 billion in funding from a group of investors

Full year 2021 earnings released: ₹19.65 loss per share (vs ₹39.55 loss in FY 2020)

Religare Enterprises Limited announced that it expects to receive INR 5.699999095 billion in funding from a group of investors

Non -Executive Independent Director has left the company

The Group Chief Financial Officer of Religare Enterprises Limited (NSE:RELIGARE), Nitin Aggarwal, Just Sold 78% Of Their Holding

Group Chief Financial Officer recently sold ₹1.8m worth of stock

New 90-day high: ₹88.55

Religare Enterprises Limited Announces Resignation of Sabina Vaisoha, Non-Executive Independent Director

Third quarter 2021 earnings released: ₹4.38 loss per share (vs ₹9.27 loss in 3Q 2020)

New 90-day high: ₹73.40

Here's What Religare Enterprises Limited's (NSE:RELIGARE) Shareholder Ownership Structure Looks Like

Religare Enterprises Limited to Report Q3, 2021 Results on Feb 14, 2021

New 90-day high: ₹60.20

Second quarter 2021 earnings released: ₹4.55 loss per share

Religare Enterprises Limited, Annual General Meeting, Dec 17, 2020

A Look At Religare Enterprises' (NSE:RELIGARE) Share Price Returns

New 90-day high: ₹49.70

First quarter earnings released

New 90-day high - ₹45.00

Is Religare Enterprises Limited (NSE:RELIGARE) Popular Amongst Insiders?

New 90-day high - ₹44.10

Full year earnings released - ₹39.55 loss per share

Religare Enterprises Limited to Report Fiscal Year 2020 Results on Jul 28, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure