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RELIGARE TAKEOVER
ED files plaint against Rashmi Saluja and two others in ESOP caseThe Enforcement Directorate has charged Rashmi Saluja, former Religare chairperson, and two others. The charges relate to alleged irregular...
Mumbai Police files charge sheet against ex-Religare chair Rashmi Saluja, 3 others in ESOP caseMumbai Police's EOW filed a charge sheet against Rashmi Saluja and three others, alleging irregularities in Care Health Insurance's ESOP al...
Burman family to infuse Rs 750 cr in Religare Enterprises as part of Rs 1,500 cr fundraiseThe Burman family will invest Rupees 750 crore in Religare Enterprises. This is part of a Rupees 1,500 crore capital raise. The Board appro...
Religare Enterprises seeks governance review, funding from Burman familyReligare Enterprises' board is conducting a governance review and has sought funding from the Burman family, who took control after a takeo...
'Remote-controlled' plaint: Cops may quiz Rashmi SalujaThe Mumbai police plan to question Rashmi Saluja, former chairman of Religare Enterprises, over complaints related to the company's takeove...
Gaekwad bid for Religare refused, 'lacks fin proof'Gaekwad had requested Sebi's exemption under takeover rules to propose ₹275 a share for Religare, offering a 17% premium to the Burmans' of...
Religare shareholder appeals Delhi HC order allowing Burman open offerA Religare Enterprises minority shareholder has filed an appeal against a Delhi High Court’s single judge’s order that refused to halt the ...
Religare Enterprises loses three senior executives in two monthsOn Friday, REL informed the stock exchanges that its newly-appointed company secretary and compliance officer, Rajat Kalra, has resigned. K...
ED charges Rashmi Saluja, 2 other Religare executives with cheatingThe Enforcement Directorate has filed a case against Religare Enterprise chairperson Rashmi Saluja and two other officials for cheating and...
Sebi asks Religare to file Burmans’ open offer planSebi directs Religare to apply with open offer proposal by Burman family to purchase additional 26% stake from public shareholders.
Won't back down, says Religare's Rashmi Saluja amid tiff with Burman family"I may have agreed that five years ago, I didn't have the experience, but after five years, three successful businesses, a company turnarou...
Burmans write to RBI, asks central bank to intervene on open offer as Religare takeover tussle intensifiesREL led by chairperson Rashmi Saluja has sought to obstruct the applications that need to be sent to the regulators for changes in sharehol...
Religare hits out against Dabur's Burmans as takeover battle gets murkierReligare Enterprises has strongly responded to the Burman family's call for an investigation into the alleged allotment of an 8% share of R...
Religare Ent says arm didn't issue shares to chairperson Rashmi Saluja, no norms floutedReligare Enterprises has clarified that it has not violated rules on issuance of securities to key managerial personnel, as its non-bank le...
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...
Mahadev app news put out by people who are resisting our takeover of Religare: Mohit Burman“I do not know any of these (Mahadev app) gentlemen. I have never met them. I have never placed a bet in my life. So, there is no question ...
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...
Independent directors of Religare rebel against Dabur promoters Burmans' takeover planReligare's independent directors have alleged that the Burmans are in material breach of regulatory obligations that may harm the firm. Of ...
Religare asks police to probe allegations linked to previous leadershipReligare Enterprises, an Indian financial services company, has requested the police to initiate a new investigation into alleged fund misa...
Religare Finvest settles case with SebiThe watchdog had conducted a probe to ascertain whether then Deccan Chronicle Holdings' promoters had made any fraudulent pledging of share...