Press Statement

Mr. Sushil Chandra Tripathi Joins Religare Board As Non-Executive Independent Director

New Delhi, 03 August 2018: Religare Religare Enterprises Umited (REL), a diversified financial services group, has announced the appointment of Mr. Sushil Chandra Tripathi as Non-Executive Independent Director on the Board of the Company.

Founder CEO of NODIA township, Mr. Tripathi has served in a number of apex positions at the Central Government and Uttar Pradesh Government. He has served nearly 20 years in the finance and industry sectors, including as Managing Director of UP Industrial & Investment Corporation, Adviser(UP) Industry & Finance and Principal Secretary Finance (UP). At the central government, he served as Joint Secretary, Banking, Secretary BIFR, Joint Secretary, Economic Affairs, among other positions. He later became Additional Secretary, Mines and CMD BALCO as well as CMD, NALCO. He worked as Secretary to Govt. of India for nearly four years, two and half years in the departments of School Education & Literacy and Higher & Technical Education and one and half year in the Ministry of Petroleum & Natural Gas.

After retirement he is associated with a number of think tanks in Education, Energy, Economy and Governance. He is also Independent Director on the Boards of several Public Sector and Private Sector companies.

Mr. Tripathi brings a width of experience across state and central governments and across ministries and public sector units. The Board of the Company is being continually strengthened with renowned individuals having varied expertise, and looks forward to benefit from Mr. Tripathi’s vast experience in governance.

Along with strengthening of the Board, the management teams in the organization are also being significantly strengthened.

About Religare Enterprises Limited

Religare Enterprises Limited (REL) is a diversified financial services group present across three verticals. REL offers an integrated suite of financial services through its underlying subsidiaries and operating entities, including loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking. REL is listed on the BSE (formerly Bombay Stock Exchange) and National Stock Exchange (NSE) in India.

As a group, Religare caters to diverse segments of the market from mass retail to affluent, SMEs to mid-size corporates. Subsidiaries service over 1.1 mn. clients from over 1,275 locations having presence in more than 400 cities.

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For further information:

Kuntal Shukla
+91–120-3396139/ +91-9582579348

T. Unnayan, Torque Communications