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RELIGARE OPEN OFFER
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...
Sensex dips 3,400 points in 4 days. Is this the beginning of a bigger crash?Indian equity markets fell for a fourth straight session as rising crude oil prices, geopolitical tensions, FII selling, and a record-low r...
Short covering fuels April rally, stock-specific action to continue in MayAnalysts are identifying stock-specific opportunities for May following April's short-covering rally. Bullish bets include Sun Pharma, Adan...
Global price surge fuels retail frenzy in crude derivativesGlobal oil price surges, triggered by the US-Iran conflict, have fueled a significant increase in retail trading of crude derivatives on In...
Sebi rejects Digvijay Gaekwad's application for competing open offer in Religare dealCapital markets regulator Sebi on Friday dismissed an application filed by Digvijay Laxhamsinh Gaekwad seeking an exemption to make a compe...
Delhi High Court allows Burman family's open offer for ReligareThe Delhi High Court has allowed the Burman family's open offer for acquiring a stake in Religare Enterprises Ltd to proceed, despite appea...
Gaekwad submits fresh plea on competing offer to that of Burmans for ReligareSebi had earlier returned Gaekwad's application, citing non-compliance with its regulations. Gaekwad said he is ready to establish an escro...
US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeoverDanny Gaekwad Developments & Investments has requested Sebi to allow a public announcement for competing offer against Burmans' open offer ...
Sebi rejects Danny Gaekwad's counter-offer for ReligareSeparately, two independent directors of Religare Enterprises questioned the company's decision to publish the letter written by Gaekwad to...
Sebi returns Digvijay Gaekwad's letter seeking permission for competing offer for Religare EnterprisesSebi has returned a letter from US-based investors Digvijay Laxmansinh Gaekwad and Danny Gaekwad Developments & Investments seeking to subm...
Value, opportunity and timing made me make a competing offer for Religare: Digvijay GaekwadDigvijay Gaekwad from Florida-based Danny Gaekwad Developments & Investments has made a 17% higher competing offer for Religare shareholder...
Burmans' Religare open offer to acquire additional 26% stake to start on Jan 27Burman family's open offer to acquire 26% additional stake in Religare Enterprises Ltd begins on January 27. The offer targets 9 crore shar...
Burmans' Religare Broking buy gets bourses' nodThe move is a part of the open offer for REL launched by entities controlled by the Burman Family and comes after a nod from the competitio...
SAT orders Religare to apply with Sebi for open offer by BurmansReligare Enterprises directed by SAT to apply for Burman family's open offer to increase stake. Sebi's show cause notice stayed temporarily...
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 Finvest issued Esops to Rashmi Saluja a day after Burmans' open offerThe award in the unlisted subsidiary ascribed its value in a band of Rs150-260 crore. Previously, proxy advisory firm InGovern had estimate...
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...
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...
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 ...
Burman family announces Rs 2,116 crore open offer for 26% stake in Religare EnterprisesMB Finmart, Puran Associates, VIC Enterprises and Milky Investment & Trading Company are the entities that will participate in the open off...