Religare

Religare directors nudge company secy to act; Saluja moves HC

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Independent directors of Religare Enterprises Ltd have written to the company secretary of the financial services conglomerate, urging him to notify the authorities of Rashmi Saluja’s cessation of tenure as the company’s chairperson. This follows an overwhelming mandate from shareholders at the company’s annual general meeting (AGM) last Friday against giving her a fresh term … Read more

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

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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