ED conducts searches on premises of Religare Chairperson Rashmi Saluja, others
ED conducts searches on premises of Religare Chairperson Rashmi Saluja, others
NEW DELHI: Religare Enterprises Ltd (REL) on Friday said Enforcement Directorate (ED) officials have conducted searches on the premises of its key managerial personnel, including its Executive Chairperson Rashmi Saluja, in a case registered last year with Matunga Police Station, Mumbai.
The Directorate of Enforcement officials had conducted searches on the premises of key managerial personnel/senior officials namely Rashmi Saluja, Executive Chairperson, Nitin Agarwal, Group CFO, Nishant Singhal, Group General Counsel of Religare Enterprises Ltd and Chirag Jain, Chief Operating Officer of Religare Finvest Ltd (wholly owned subsidiary of REL), on August 21, 2024, REL said in a regulatory filing.
The search was conducted following a complaint by one Vaibhav Gawli under sections 420, 120-B, 511 and 114 of the Indian Penal Code, 1860, which include offences of cheating and criminal conspiracy, etc., with an intention to defraud the complainant and other shareholders of REL, it said.
