Religare promoter Malvinder Mohan Singh quits as Chairman
Religare promoter Malvinder Mohan Singh has stepped down from the post of Non-Executive Chairman at Religare but will continue as a Non-Executive board member of the company. Religare's board has appointed S Lakshminarayanan as its new Executive Chairman with immediate effect. The company's Independent Director Rashi Dhir, CEO Maninder Singh, and CFO Anil Saxena have also resigned.