Dabur’s Burman Family Set to Join Religare Board After ₹750 Crore Capital Infuse

Dabur’s Burman family is set to strengthen its presence in financial services through leadership roles at Religare Enterprises. Following a successful acquisition and capital commitment of ₹750 crore, Anand, Mohit, and Aditya Burman are expected to join the company’s board, pending approval from the Reserve Bank of India. 

Burman Family Strengthens Hold on Religare 

After acquiring a controlling stake in Religare Enterprises Limited (REL) in February 2025, the Burmans have moved closer to consolidating their influence within the financial services entity. The family now plans to induct Anand Burman, Mohit Burman, and Aditya Burman into the company’s board of directors. Their appointments remain subject to RBI clearance. This step marks a significant chapter in Religare’s transition under the new ownership framework. 

Capital Infusion of ₹750 Crore as Part of Broader Plan 

The board of Religare had earlier approved a ₹1,500 crore capital raise plan, half of which ₹750 crore is being contributed by the Burman-led promoter group. Other known entities participating in the infusion include Ashish Dhawan, JM Financial, and the Hindustan Times Group. This capital will help strengthen Religare’s balance sheet and expand its operational capabilities across loans, insurance, housing finance, and broking services. 

Read More: Delhi HC Orders Patanjali to Halt ‘Dhoka’ Chyawanprash Ad After Dabur's Legal Plea! 

Board Restructuring and Leadership Change 

Simultaneously, the current interim chief financial officer, Pratul Gupta, has been re-designated as the permanent CFO of Religare. These developments signal a broader leadership overhaul to reflect the new ownership structure. The transformation aligns Religare’s management with the strategic roadmap charted by the Burman family for its next phase of growth. 

Religare’s Business Segments Under New Oversight 

Following the infusion and structural realignment, the Burman family's immediate focus is expected to be on stabilising and expanding Religare’s operations across its core segments which are loans, health insurance, housing finance, and retail broking. The entry of seasoned business leaders like Anand, Mohit, and Aditya Burman is anticipated to bring governance oversight and long-term planning to the forefront. 

Conclusion 

The Burman family’s planned entry into Religare's board, along with a capital infusion, indicates their involvement in the company's restructuring. With RBI approval pending, the leadership transition is set to bring changes to Religare's operations under new ownership. 

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