Exchange Information by Religare Health Insurance - 03.06.2020

1. As per information received from exchanges, the Religare Enterprises Limited has divested its stakes in Religare Health Insurance limited. Religare Enterprise is the promoter of the company. 2. M/s. Kedaara Capital Fund II LLP, acquiring such shares through its subsidiary M/s. Trishikhar Ventures LLP (jointly referred to as ‘Kedaara’). 3. Kedaara Capital Fund has invested total Rs. 567.31 cr. which comprises of primary capital infusion of Rs. 300 cr. in RHICL- this amount will go to Religare Health Insurance for business expansion and Rs. 267.31 cr for the purchase of RHICL shares from existing shareholders of RHICL- this amount will go to Religare Enterprise Limited. 4. Post this deal, the shareholding of Religare Enterprise Limited will reduce to 72.02% on a paid up capital basis in Religare Health Insurance Limited. 5. You can also check the last report we published on Religare Health regarding this deal.