The high-stakes battle for the control of Religare Enterprises Limited (REL) has taken another twist with Florida-based ...
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 ...
SC allows Gaekwad an extension to deposit ₹600 crore into a bank account to prove the bona fides of his ₹5,000 crore ...
Sebi rejects Danny Gaekwad's application for competing open offer for Religare Enterprises, citing lack of financial proof.
Regulator says application 'frivolous', not backed by financial capabilities; also questions due diligence of investment ...
Gaekwad had made a Rs 5,000-crore competing offer for Religare acquisition against an open offer declared by the Burman ...
The applicant (Danny Gaekwad Developments & Investments, Florida) has failed to demonstrate his ability to meet the financial ...
Gaekwad sought for a special exemption under takeover from the Securities and Exchange Board of India to make an open offer ...
If Gaekwad does not deposit the amount, the order will automatically be set aside, and Burman’s open offer will close. The ...
The Supreme Court on Wednesday granted Danny Gaekwad an extension until 2:00 PM on February 13 to deposit ₹600 crore to ...
As per the order released by SEBI's whole-time member, Ashwani Bhatia, Gaekwad's request has been rejected once again.
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