Religare Wealth Management
This is the second transaction by REL in the last few months having sold Religare Wealth Management RWM to the Anand Rathi Group for an undisclosed amount in February. Religare Enterprises Ltd REL is ending its six-year old wealth management joint venture through acquisition of the stake held by its partner Macquarie Group Ltd in Religare Macquarie Wealth Management Ltd.
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Religare Securities Limited was an unlisted public company incorporated on 26 June 1986.
Religare wealth management. Religare offers an integrated suite of financial services including asset management life and health insurance lending broking investment banking and wealth management. Religare Securities Limiteds operating revenues range is INR 100 cr - 500 cr for the. The transaction value is not disclosed.
Religare Wealth Management. RWM has assets close to Rs 4500 crore while Anand Rathi has total assets worth Rs 10000 crore under management AUM catering to high net worth individuals HNIs. Anand Rathi Wealth Management AUM is currently at Rs 10000 crore and post this deal it will cross Rs 13500 crore.
Religare Broking brings a unique trading experience that offers more on every front. Religare Enterprises Limited is. Is an organisation that might be similar to RELIGARE MACQUARIE WEALTH MANAGEMENT LTD With a relevancy score of 0208000004291534.
Manish has over 26 years of experience in the industry across global and domestic institutions like Forbes Xerox Standard Chartered Bank SCB Religare Macquarie Private Wealth Management. The registered office of Religare Advisors Limited is at 1st Floor P-14 4590 P-Block Connaught Place New Delhi 110001 Delhi Central Delhi Delhi. The belief that customer satisfaction is as important as their products and services have helped this establishment garner a vast.
Anand Rathi Wealth Management has acquired Religares Wealth Management Business. From state-of-the-art trading terminals to impeccable research competitive pricing to customized offerings. It is classified as a private limited company and is located in Delhi.
In February Religare Wealth Management RWM was acquired by the Anand Rathi Group for an undisclosed amount. Religare Wealth Management Ltd. Religare Enterprises Ltd REL is ending its six-year old wealth management joint venture through acquisition of the stake held by its partner Macquarie Group Ltd in Religare Macquarie Wealth.
D3 p3b district centresaketdelhi190dl. Religare Enterprises a financial services company today said it will acquire Australia-based Macquaries stake in wealth management joint venture - Religare Macquarie Wealth Management. Anand Rathi Wealth Management has acquired the wealth management arm of Religare Enterprises Ltd taking its total assets under management AUM to over Rs 13500 crore said a company statement.
Religare currently manages assets close to Rs4500 crore while Anand Rathi has total assets worth Rs10000 crore under management AUM catering to high networth individuals HNIs. Venture into the wonderful world of online trading backed by a well-orchestrated service that will redefine your online trading experience. Religare Macquarie Wealth Management Ltd is located in Maharashtra Mumbai is a top player in the BFSI in the Mumbai Over the course of its journey this business has established a firm foothold in BFSI industry.
Religare Advisors Limited has three directors - Rajesh Sharma Amarjeet Singh Arora and others. Anand Rathi Wealth Management acquires Religares Wealth Management Business Commenting on this development Mr Nalin Nayyar Group CEO Religare Enterprises Limited said We are happy that weve found a great home and partner for our clients and employees. He has been heading West Zone at ICICI Securities Private Wealth Management for the last 11 years.
IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment Reserved on. In 2013 REL acquired the stake held by its partner Macquarie Group Ltd in Religare Macquarie Wealth Management Ltd for an undisclosed sum following which the business was renamed as Religare. Religare wealth management ltd.
The Corporate Identification Number CIN of Religare Advisors Limited is U74999DL2007PLC160580. Religare Enterprises Limited REL is the holding company for one of Indias leading diversified financial services groups. GYS INFINITY 5th Floor Paranjpe B Scheme Subhash Road Vile Parle East Mumbai Maharashtra 400 057 IN.
14122016 Judgment Pronounced on. It also houses the wealth management business through its subsidiary Religare Wealth Management Ltd. In 2013 REL acquired the stake held by its partner Macquarie Group Ltd in Religare Macquarie Wealth Management Ltd for an undisclosed sum following which the business was renamed as Religare Wealth Management.
Earlier this year Max India also demerged. Vs - on 9 February 2017. 8792015 IN THE MATTER OF- RELIGARE WEALTH MANAGEMENT LIMITED Petitioner Company Through.
Religare Bartleet Wealth Management Pvt Ltd RCM is an Asia focused Institutional Equities and Investment Banking platform is a part of diversified financial services group Religare Enterprises Limited partnering emerging growth companies recognized by clients and independent agencies alike for the quality of its research and execution. Its authorized share capital was INR 5000 cr and the total paid-up capital was INR 3449 cr. Enterprises Limited said We are happy that weve found a great home and partner for our clients and employees.
Religare Enterprises is headquartered in New Delhi and is listed on the Bombay Stock Exchange BSE and National Stock Exchange NSE in India. Kunal Tandon and Ms. REL offers an integrated suite of financial services through its underlying subsidiaries and operating entities including loans to SMEs Capital Markets Wealth Management Health insurance and Asset Management.
Religare Wealth Management Ltd. News Corp VCCircle was the first to report that Religare was in talks to sell the business to Anand Rathi Group which has about Rs 10000 crore in AUM.
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