Rashmi Saluja

Some Lesser Known Facts About Rashmi Saluja

• Rashmi Saluja was serving on the board of directors of Religare when the company faced major problems in 2018. She took the responsibility to help the group and accepted the challenge of rebuilding the brand.

• In 2018, the shareholders formed a new board and chose her to lead the group. She became the Executive Chairperson of Religare Enterprises Limited.

• Rashmi Saluja was also appointed as the Chairperson and Managing Director of Religare Finvest Limited.

• She was designated as the Non-Executive Chairperson of Care Health Insurance Limited, Religare Broking Limited, and other subsidiaries.

• Rashmi Saluja joined the board of Religare Housing Development Finance Corporation Limited (RHDFCL) on 8 March 2019.

  

• In 2023, the Enforcement Directorate (ED) cleared the largest shareholder of Religare Enterprises and the promoters of the Dabur Group, the Burmans, from any wrongdoing in a case filed against them.

• In 2024, the ED accused Rashmi Saluja and other senior officials of creating a plan to falsely accuse the Burmans of misusing funds from Religare.

• According to the agency officials, the investigation into the 2023 case revealed that the accused officials paid Rs. 2 lakh to a person named Vaibhav Jalinder Gawali to buy 500 Religare shares worth Rs. 1.20 lakh.

• The remaining Rs. 80,000 was given to Gawli to file a complaint at the Matunga police station against members of the Burman family.

  

• The complaint was reportedly filed to stop the Burman family from taking control of the Religare Group. It was also intended to protect the Employee Stock Ownership Plan (ESOP) shares, valued at Rs. 179.5 crore.

• The complaint stated that Rashmi Saluja and her co-officials Aggarwal and Singhal played an active role in getting the FIR registered. Their actions were aimed at blocking or restricting the change in ownership of Religare.

• On 27 September 2024, the Burman family demanded Rashmi’s removal as the chairperson of the board of Care Health Insurance, but the board decided not to remove her on 1 October 2024.