Religare Enterprises Ltd (REL), diversified monetary companies conglomerate, on Thursday mentioned that its Govt Chairperson Rashmi Saluja has ceased to be a director of the corporate.
In the meantime, in one other alternate submitting mentioned 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 had been forged in latest AGM in opposition to the decision in search of the reappointment of Saluja on the Board of REL.
Saluja had not too long ago moved courtroom in search of intervention in opposition to her removing from the Board, publish shareholders rejecting her re-appointment final week. Within the latest AGM, Saluja didn’t supply herself for re-appointment as director, claiming that she was not liable to retire by rotation.
