What to watch. Religare Enterprises: Board meets for Q1 nos

The board of Religare Enterprises (REL) will meet on Thursday to consider unaudited standalone financial results for the quarter ended June 30. On July 13, the company had clarified (on exposure to promoters’ entities) that Religare Finvest, subsidiary of REL, has exposure of ₹2,036.70 crore and as part of recovery process RFL had issued legal notices and was initiating further action. Investors would look for clarifications on the issue.