News > InGovern raises concern as Religare Enterprises puts off AGM

InGovern raises concern as Religare Enterprises puts off AGM

Religare Enterprises cited “pending statutory/regulatory approvals concerning the ongoing open offer and the potential impact on the company and its shareholding pattern as the reason to seek approval to put off the AGM. The decision has left the shareholders frustrated, as the company has not provided a valid reason for the postponement, especially since the financial accounts were already filed with the exchanges, InGovern said.