Religare Enterprises Ltd (REL), diversified monetary companies conglomerate, on Thursday mentioned that its Government Chairperson Rashmi Saluja has ceased to be a director of the corporate.
In the meantime, in one other change submitting mentioned that it’s Board of Administrators had at their Assembly on February 11 appointed Praveen Kumar Tripathi, Non-Government 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 solid in latest AGM towards the decision looking for the reappointment of Saluja on the Board of REL.
Saluja had lately moved court docket looking for intervention towards her elimination from the Board, publish 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.
