Sebi has ruled that Gaekwad’s competing bid for Religare was not financially credible and violated regulatory timelines, ...
Gaekwad had requested Sebi's exemption under takeover rules to propose ₹275 a share for Religare, offering a 17% premium to ...
Sebi rejects Danny Gaekwad's application for competing open offer for Religare Enterprises, citing lack of financial proof.
The high-stakes battle for the control of Religare Enterprises Limited (REL) has taken another twist with Florida-based ...
SC allows Gaekwad an extension to deposit ₹600 crore into a bank account to prove the bona fides of his ₹5,000 crore ...
Regulator says application 'frivolous', not backed by financial capabilities; also questions due diligence of investment ...
The applicant (Danny Gaekwad Developments & Investments, Florida) has failed to demonstrate his ability to meet the financial ...
Gaekwad had made a Rs 5,000-crore competing offer for Religare acquisition against an open offer declared by the Burman ...
Capital markets regulator Sebi on Friday rejected Digvijay Laxhamsinh Gaekwad's plea seeking an exemption to make a competing ...
If Gaekwad does not deposit the amount, the order will automatically be set aside, and Burman’s open offer will close. The ...
As per the order released by SEBI's whole-time member, Ashwani Bhatia, Gaekwad's request has been rejected once again.
Sebi rejected Digvijay Gaekwad's competing open offer for Religare Enterprises, citing lack of financial ability and ...