Loading...
Market
Will Religare Finvest face regulatory penalties by Mar 31, 2025?
3
Enforcement Directorate•ED•Religare Group•Rashmi Saluja•Nitin Agarwal•Chirag Jain•Religare Finvest•Religare
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Enforcement Directorate or regulatory bodies
Story
ED Hyderabad Searches Religare's Rashmi Saluja Amid Fund Diversion Probe
Aug 23, 2024, 01:08 PM
The Enforcement Directorate (ED) conducted searches at the premises of Religare Group's Executive Chairperson Rashmi Saluja and other top officials, including CFO Nitin Agarwal and COO Chirag Jain of Religare Finvest. These searches are part of an investigation into the alleged misappropriation and illegal diversion of funds from Religare. Despite the extensive searches, no incriminating documents or digital devices were found or seized.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No Action • 33%
Fine Imposed • 33%
Other Penalty • 34%
NSE • 25%
Another stock exchange • 25%
A financial institution • 25%
Other • 25%