Siddharth Dinesh Mehta Of Religare Resigns

The resignation of Siddharth Dinesh Mehta Will Is effective post-RBI approval,” the circular read.

Religare Enterprises recently said that Siddharth Dinesh Mehta, Non-Executive Non-Independent Vice-Chairperson has tendered his resignation from the Board of the company on December 31, 2021.

The circular from that company stated, “Siddharth Dinesh Mehta, Non-Executive Non-Independent Vice-Chairperson has tendered his resignation from the Board of the Company on December 31, 2021, due to his increasing personal and professional commitments.”

“In this regard, please also note that pursuant to Master Direction – Core Investment Company (Reserve Bank) Directions, 2016, the Company will be making necessary applications to the Reserve Bank of India (“RBI”) for approval of the aforementioned change. Consequently, the resignation of Siddharth Dinesh Mehta Will Is effective post-RBI approval,” the circular further read.