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RELIGARE BOARD
PMLA court takes cognisance of ED case against Religare chair Rashmi Saluja, advocate Pratap VenugopalA Mumbai court has taken cognisance of a money laundering case filed by the Enforcement Directorate. The complaint names former Religare ex...- Sebi penalises Rashmi Saluja over alleged insider tradingSEBI has fined former Religare Enterprises chairperson Rashmi Saluja ₹40 lakh for insider trading violations. She traded Religare shares wh...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Burmans raise stake in Religare to 30% via open market purchasesThe Burman family is making waves in the financial sector by increasing their stake in Religare Enterprises to roughly 30%. This strategic ...
- RBI rejects top cop Asthana’s appointment to board; delay in notification an oversight, says RELReligare Enterprises informed stock exchanges that the Reserve Bank of India rejected its proposal to appoint Rakesh Asthana as a director....
- Rashmi Saluja & Religare board have been trampling securities law in India: Shriram SubramanianRashmi Saluja and the other directors have been saying that the Burmans are not fit and proper, but they have not furnished any documentary...
- Religare Board Seat Offered to Ex-Dabur Chairman Many Times, says chairperson Rashmi SalujaRashmi Saluja, a doctor by training, who joined Religare as an independent director in 2018 and became its chairperson next year, said that...
- Rashmi Saluja's acquisition in REL via ESOPs requires investigation: Burman familyThe Burman family has accused Rashmi Saluja of acquiring a significant amount of remuneration through Employee Stock Ownership Plans (ESOPs...
- Timing of Burmans' open offer fishy: Religare independent director Hamid Ahmed"The merits of the offer are not very good. They want to replace the board and the management," said Ahmed, also the chief executive office...
- Amid allegations of securities law violations, Religare board backs chairperson Rashmi SalujaThe board praised Saluja's contributions in making Religare a debt-free organization in a period of five years and boosting its market capi...
- Rashmi Saluja was issued huge amount of options in Religare & subsidiary without informing shareholders: Shriram Subramanian“The Religare board has to state very clearly why it is opposing a large shareholder increasing its holding. The minority shareholders are ...
- Dabur's open offer price for Religare is fair: Mohit BurmanOnce the open offer is concluded, the Burman family-owned entities - currently the largest shareholding bloc at Religare - will nominate th...
- Religare chair Saluja opposing Burmans' open offer fearing loss of control, says Mohit BurmanThe Dabur Group scion said he is surprised by the behaviour of the Religare board, which had backed the open offer but is now against it.
- There is no shareholder representation on Religare board; the idea is to create value, not destroy it: Mohit Burman“We have to be very careful in what categories we enter because I still want Eveready to be a B2C business, which we are good at running. A...
- Dabur's Burmans seek probe into Religare share sale by chairpersonIn an email sent to Sebi and bourses on November 8 that has been reviewed by ET, four entities - MB Finmart, Puran Associates, VIC Enterpri...
- Singh brothers resign from board of Religare EnterprisesThe company, which is under scrutiny for fund diversion as well as large NPAs, blamed former chairman and managing director Sunil Godhwani ...
- Chairman, director resign from Religare BoardSenior Religare officials confirmed the resignations and said the company had intimated the RBI on Thursday.
- Religare case: NCLT 'no' to interim stay on Rs 500 crore investmentThe NCLT observed that IDBI Trusteeship Services Ltd had made no disclosure to it about the suit before the Bombay High Court, where it was...
- Religare institutional shareholders move court seeking ouster of boardReligare institutional shareholders have sought ouster of the company board on grounds of mismanagement and oppression of minority sharehol...
- Brothers Malvinder Mohan Singh and Shivinder Mohan Singh back on Religare boardSunil Godhwani, who until now was its chairman and managing director, has been made a whole-time director.
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