Parag Jariwala joins Religare Capital Markets from Macquarie as Banking Analyst

March 12, 2015 - PRLog -- MUMBAI, MARCH 09, 2015: Religare Capital Markets Limited (RCML), the Investment
Banking and Institutional Equities arm of diversified financial services group Religare Enterprises Limited (REL), today announced the appointment of Parag Jariwala as their banking analyst. He will be based at RCML’s Mumbai office and report to Gautam Trivedi, Chief Executive Officer, RCML(India) .

Parag has been tracking the banking sector over 8 years and comes with a deep understanding of the constantly evolving sector. Prior to joining RCML, he was associated with Macquarie India for a span of 3 years and Anand Rathi Financial Services for almost 2 years. He has also worked with Motilal Oswal Financial Services and CARE Ratings.

Parag is a certified financial analyst and holds a chartered accountant degree from the Institute Of Chartered Accountants Of India.

Commenting on Parag’s appointment, RCML’s CEO, Gautam Trivedi said, “With the new government’s focus on financial inclusion and banking vertical, we are certain that Parag with his excellent analytical skills and domain expertise will help create value for RCML’s clients and for the group as a whole.”

About Religare Capital Markets:

Religare Capital Markets (RCM) is an Asia focused Institutional Equities and Investment
Banking platform partnering emerging growth companies, recognized by clients and independent agencies alike for the quality of its research and execution. RCM is empaneled by over 400 institutional investor
and has an active coverage of over 250 stocks under its research umbrella globally.

The business offers a comprehensive suite of services across Institutional Equities and Investment
Banking. The Institutional Equities business specializes in Equity Research, Sales and Execution in Asian equities. The Investment
Banking services provided by RCM to clients globally include Corporate Finance
Advisory, Equity Capital Markets fund raising and Private Funding services.

With 150 people worldwide, RCM has offices across Asia, the Middle East, Europe and Australia.

For further information, please contact:

Kushal Khosla

Fortuna PR

kushal@fortunapr.in

M: +91 9891865029

Tamali

Fortuna PR

tamali@fortunapr.in

M: +91 9820362255