Thumbs down from investors, no relief by court: Can Saluja hang on to Religare? | Company Business News

Mumbai: Religare Enterprises chairperson Rashmi Saluja’s attempt to hold on to her board position in an acrimonious takeover battle has taken a fresh turn. On Tuesday, around a third of the financial services company’s investors confirmed to Mint about voting against Saluja’s reappointment as director in the lead-up to the company’s annual general meeting (AGM) … Read more

The Delhi High Court refused to bid to stop Bermann’s public offer for religion

The Burman family had first expressed interest in acquiring a controlling stake in Religare in September 2023. Photographer: Prashanth Vishwanathan/Bloomberg

2025-01-30 14:01:00 : The Delhi High Court rejected a request of an investor headquartered in Bangkok on Thursday to prevent the Berman’s open offer from the Berman family, asking for a 26 % stock of Reminare Enterprises LTD from public shareholders. The court said that because the Indian Securities and Exchange Commission (SEBI) returned the … Read more

Who is Danny Gaekwad-Tycoon’s open offer for religion is accepted by Burman?

Who is Danny Gaekwad-Tycoon's open offer for religion is accepted by Burman?

2025-01-26 11:55:00 : Rashmi Saluja, the current religious chairman, and Dabur Group, the company’s largest shareholder, have been fighting teeth and nails to control the financial service company for more than a year. Now, GaekWad put on a hat and is willing to be Bleak275 copies per share (17 % of the Burmese people open … Read more