Subsidiary Strengthens Capital Base with ₹100 Crore Fundraise
Religare Enterprises Limited · RELIGARE · NSE ·
Its material subsidiary, **Care Health Insurance Limited (CHIL)**, has raised **₹100 Crore** by allotting Subordinated Non-Convertible Debentures (NCDs). The debentures were issued via private placement with a **10-year tenure** and a fixed coupon rate of **10.00% per annum**. Th…