One more agency, this time the country's highest court, has added a new dimension to the ongoing takeover battle at Religare Enterprises Ltd by questioning the market regulator and allowing a ...

Under the Burmans, Religare can monetize a part of its stake in Care and bring it down to 51% to bring in the critical growth capital, but floating a share sale process for Care’s HNIs may be ...

Sebi has rejected Digvijay Gaekwad's application to make a competing offer for Religare Enterprises, citing insufficient proof of financial resources and non-compliance with a Supreme Court order.

The Burman Family’s open offer to acquire majority stake in Religare Enterprises (REL ... VIC Enterprises and Milky Investment & Trading Company — had launched the open offer on January ...

The Supreme Court has given US-based businessman Danny Gaekwad time till 2 pm on Thursday to deposit ₹600 crore in an escrow account for authenticating his counter-offer for Religare Enterprises.

though she had sought to stop discussions on that agenda. Shares of Religare Enterprises were up by 2.09 per cent at 6:30 pm at a trading price of Rs 239.00.

Gaekwad had sought an exemption to propose an offer at ₹275 per share to acquire 55 per cent of Religare’s outstanding share capital, which surpassed the Burman family’s existing open offer ...

MUMBAI: Religare Enterprises chairperson Rashmi Saluja, who opposed the influential Burman family shareholders’ in their attempt to take over the financial services company, was ousted on Thursday.

Rashmi Saluja, the Executive Chairperson of Religare Enterprises has ceased to be the Director of the company, as per an exchange filing on February 13. Religare Enterprises cited a report by the ...

With this ruling, the Burman Group’s open offer process remains on track, solidifying their acquisition bid for Religare Enterprises ... and Milky Investment & Trading Company – held a 21. ...

Religare matter will be heard by the Supreme Court again on Thusday. The Supreme Court of India on Wednesday has allowed US-based businessman Danny Gaekwad to deposit the Rs 600 crore by tomorrow ...

The Securities and Exchange Board of India (Sebi) has dismissed an application of Digvijay Laxhamsinh Gaekwad seeking an exemption to make a competing open offer for acquiring a 55 per cent stake in ...