New Delhi, Feb. 9 -- Shareholders of Religare Enterprises Ltd almost unanimously rejected chairperson Rashmi Saluja's reappointment as director, effectively ending her six-year stint at the helm of the financial services firm that she helped save from bankruptcy.

More than 97% of the votes cast by shareholders were against Saluja's reappointment, the voting outcome released on Sunday showed. That translates to about 191.3 million votes against her, versus 4.8 million votes in her favour.

"The Resolution No. 2 (OrdinaryResolution) failed to passed with the requisite majority," concludedMAKS & CO., the Delhi-basedaudit and tax firm, which was the scrutinizer for the AGM proceedings, in its note.

At the company's annual general meeting (A...