After a long battle, the Burman family has seized control of Religare. It needs to infuse money and get it back on track.
After an 18-month struggle, the Burman family's open offer for Religare has concluded and Rashmi Saluja is out of the way. The family may now need to gather funds to strengthen the various businesses ...
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ET Now on MSNDabur: The 140-year legacy of the Burmans—Meet the family behind household staples like ...The Burman family, founders of Dabur India Ltd, have built a 140-year-old Ayurvedic empire. From Dr. S.K. Burman’s humble ...
However, these efforts did not succeed, and both SEBI and RBI allowed the Burmans to proceed with the open offer. In a last-ditch attempt to prevent the Burmans from taking control of the company ...
The trigger: the reluctance of the Rs 6,300-crore Religare Enterprises Ltd (REL), a listed company, to get the paperwork done for the Burmans of Dabur to wrap up the open offer they made to its ...
A spokesperson said that the group will work with Religare Enterprises’ leadership and board to reinforce its strategic direction and enhance long-term value creation. The immediate priority is to ...
On the day the open offer announcement was made on September 25, 2023 by the Burmans, Religare Enterprises stock slumped 7.08%. Between September 25, 2023 and February 14, 2025, it has hit a low ...
An exhibition titled Garden of Dreams, featuring the works of artist Maya Burman, was inaugurated at Nayan Naveli Gallery in ...
Sebi’s rejection of the US-based Digvijay 'Danny' Gaekwad's counteroffer to the Burmans' open offer is not wrong as the regulator acted according to its regulations. The offer did not satisfy a ...
Religare Enterprises said the Burmans held 83,201,819 equity shares in the company, representing 25.16 per cent stake. Following the development, the stock climbed 8.52 per cent to hit a high of ...
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