Search result for 'burman family'

Religare Seeks Funding from Burman Group

March 17, 2025 19:55

Religare Enterprises Ltd. (REL) has requested immediate funding support from the Burman Group to sustain operations, following a review of its financial position.

Religare Appoints Four Directors, Suspends MIC Operations

February 26, 2025 21:43

Religare Enterprises has appointed four new directors and suspended the operations of MIC Insurance Web Aggregator due to financial challenges. The appointments are subject to RBI approval and...

Religare Removes Rashmi Saluja From Subsidiary Boards

February 26, 2025 20:35

Religare Enterprises has directed its subsidiaries to remove former executive chairperson Rashmi Saluja and Rakesh Asthaana from their boards following the Burman family's acquisition of a...

Religare Shares Surge 18.9% After Burman Family Takes Control

February 21, 2025 18:08

Religare Enterprises shares jumped 18.9% on Friday after the Burman family acquired a controlling stake and became promoters following the closure of an open offer. The Burman family, known for...

Burmans' Religare Open Offer Gets Tepid Response

February 19, 2025 20:07

Burmans' Rs 2,116 crore open offer for Religare Enterprises Ltd saw a low response with only 0.07% of shares tendered. The offer aimed to acquire 26% stake but received a tepid response. Read more.

Sebi Rejects Gaekwad's Religare Open Offer Bid

February 14, 2025 20:17

Sebi rejected Digvijay Gaekwad's competing open offer for Religare Enterprises, citing lack of financial ability and frivolous intent, paving the way for Burman Group's acquisition.

Rashmi Saluja Ousted from Religare Board After Shareholders Reject Reappointment

February 13, 2025 19:08

Rashmi Saluja, executive chairperson of Religare Enterprises, has ceased to be a director after shareholders voted against her reappointment. The move comes amid an open offer by the Burman family...

Religare Independent Director Hamid Ahmed Resigns

February 5, 2025 21:55

Hamid Ahmed, CEO of Hamdard Laboratories India, has resigned from Religare Enterprises' board due to increasing workload in his family business. The resignation comes amidst a contentious open...

Danny Gaekwad Seeks Sebi Exemption for Religare Takeover

February 3, 2025 22:09

US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for its competing open offer for Religare Enterprises Ltd, offering a higher price than the Burman family's bid....

Sebi Rejects Open Offer for Religare Enterprises

January 28, 2025 21:46

Sebi rejected a competing open offer by Danny Gaekwad Developments & Investments to acquire Religare Enterprises Ltd (REL) due to regulatory non-compliance.

Religare: US Investor Makes Competing Offer

January 26, 2025 16:46

A US-based investor, Danny Gaekwad Developments & Investments, has submitted a competing offer to acquire 26% stake in Religare Enterprises, exceeding the Burman family's offer.

Burmans' Religare Open Offer to Acquire 26% Stake Starts Jan 27

January 18, 2025 22:07

Burmans' Religare Enterprises' open offer to acquire an additional 26% stake in Religare Enterprises Ltd (REL) will commence on January 27. The open offer is for up to 9,00,42,541 equity shares,...

Madhya Pradesh HC Stays Religare AGM Amid Burman Family Tussle

December 26, 2024 19:42

Madhya Pradesh High Court has stayed the Dec 31 AGM of Religare Enterprises Ltd, amidst a dispute between Chairperson Rashmi Saluja and the Burman family over an open offer.

RBI Approves Burman Family's REL Stake Acquisition

December 10, 2024 15:18

The Reserve Bank of India (RBI) has approved the Burman family's open offer to acquire a 26% stake in Religare Enterprises Ltd (REL), but with conditions.

Religare Enterprises Stock Surges 9%, Hits 52-Week High

December 10, 2024 11:39

Religare Enterprises stock soared over 9% on Tuesday after RBI approved the Burman family's open offer to acquire 26% stake. The stock hit its 52-week high.

Care Health Insurance Retains Rashmi Saluja on Board

September 30, 2024 21:48

Care Health Insurance has decided to retain Rashmi Saluja as chairperson despite demands for her removal by the Burman family, major shareholders of Religare Enterprises. The decision follows a...

Zappfresh Files for IPO on BSE SME: D2C Meat Delivery Startup Aims for Growth

August 28, 2024 11:09

Zappfresh, a direct-to-consumer (D2C) meat delivery startup, has filed draft papers with SEBI to list on the BSE SME platform. The IPO will raise funds for growth initiatives, including...

ED Raids Religare Chairperson Rashmi Saluja in Cheating Case

August 23, 2024 22:42

Enforcement Directorate conducts searches at Religare Enterprises premises, including Chairperson Rashmi Saluja, in connection with a cheating complaint filed last year.

Eveready Industries Q1 Profit Up 18%, Revenue Down 4%

August 3, 2024 16:48

Eveready Industries India Ltd reported a net profit of Rs 29.36 crore in Q1 FY25, up 18.1% YoY, while revenue declined 3.9% to Rs 349.37 crore.

Religare Finvest Restarting Business Soon: RBI Approval Awaited

May 30, 2024 17:46

Religare Finvest, under RBI's watch, is poised to resume operations soon. The company awaits approval following completion of regulatory inspections and a successful debt restructuring.

REL Share Sale: Rashmi Saluja Refutes Burman Family''s Allegations

May 28, 2024 18:48

REL Chairperson Rashmi Saluja denies insider trading allegations by the Burman family, stating that the share sale was conducted according to board approval and regulations. Learn about the latest...

Burman Family Raises Religare Stake to 25.18%

January 31, 2024 22:25

The Burman family, promoters of Dabur India, increased their stake in Religare Enterprises to 25.18% after acquiring 4% for Rs 309 crore. The acquisition triggers a mandatory open offer.

Burman Family Increases Stake in Religare Enterprises

January 31, 2024 19:45

The Burman family has increased its stake in Religare Enterprises to 24.77% after purchasing 3.6% of the company's shares for Rs 277 crore. This follows the Competition Commission of India's...

CCI Approves Religare Stake Buy: Burman Family & Legal Expert Insights

January 24, 2024 23:44

The Competition Commission of India (CCI) has cleared the Burman family's additional stake purchase in Religare Enterprises, but with caveats. Learn about the legal implications and the ongoing feud.

CCI Approves Burman Family Stake Buy, But Religare Disputes 'Clean Chit'

January 24, 2024 18:41

Religare Enterprises claims CCI's approval for the Burman family's additional stake in the company does not absolve them of potential competition law violations, amid ongoing feud.

Burman Family Acquires Majority Stake in Religare Enterprises

January 24, 2024 11:43

The Burman family has been approved to acquire a 31.27% stake in Religare Enterprises, making them the majority owners of the financial services firm. The CCI has allowed the acquisition through...

Religare Rebuts Burman Family Allegations: Misleading Information Far From Truth

January 4, 2024 13:53

Religare Enterprises refutes claims by the Burman family, calling their allegations misleading and false. The company emphasizes its commitment to transparency and shareholder value.

Religare Denies Stake Allotment to Chairman: Burman Family Demands Probe

January 3, 2024 20:30

Religare Enterprises denies issuing 8% stake of Religare Finvest to Chairman Rashmi Saluja, while the Burman family calls for an investigation into the alleged ESOP allotment.

Religare Finvest Share Allotment: Burman Family Demands Investigation

January 3, 2024 18:18

The Burman family, largest shareholder of Religare Enterprises, calls for an investigation into the allotment of 8% shares of Religare Finvest to Rashmi Saluja through ESOPs, questioning management...

Private Equity & VC Inflows Plunge to $27.9 Billion in 2023

December 27, 2023 13:32

Private equity and venture capital investments in India declined 40% to $27.9 billion in 2023, while exits reached $19.34 billion. Industry experts see a rebound in 2024.

Zenex Acquires Ayurvet from Burman Family

December 14, 2023 21:05

Zenex, an animal health company, has acquired Ayurvet from the Burman family for an undisclosed sum. The deal strengthens Zenex's portfolio of offerings and expands its reach globally.

Burman Family: REL Board Can't Reject Open Offer

November 29, 2023 22:09

The Burman family, battling for control of Religare Enterprises, claims the board has no power to reject their open offer to acquire controlling stake. Learn about the ongoing takeover battle and...

Kedara Capital Backs Religare ESOP Decision

November 27, 2023 21:38

Kedara Capital, largest shareholder of Care Health Insurance, supports the decision to issue ESOPs to Religare Chairperson Rashmi Saluja amid allegations by the Dabur family.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'burman family'

Religare Seeks Funding from Burman Group

Religare Appoints Four Directors, Suspends MIC Operations

Religare Removes Rashmi Saluja From Subsidiary Boards

Religare Shares Surge 18.9% After Burman Family Takes Control

Burmans' Religare Open Offer Gets Tepid Response

Sebi Rejects Gaekwad's Religare Open Offer Bid

Rashmi Saluja Ousted from Religare Board After Shareholders Reject Reappointment

Religare Independent Director Hamid Ahmed Resigns

Danny Gaekwad Seeks Sebi Exemption for Religare Takeover

Sebi Rejects Open Offer for Religare Enterprises

Religare: US Investor Makes Competing Offer

Burmans' Religare Open Offer to Acquire 26% Stake Starts Jan 27

Madhya Pradesh HC Stays Religare AGM Amid Burman Family Tussle

RBI Approves Burman Family's REL Stake Acquisition

Religare Enterprises Stock Surges 9%, Hits 52-Week High

Care Health Insurance Retains Rashmi Saluja on Board

Zappfresh Files for IPO on BSE SME: D2C Meat Delivery Startup Aims for Growth

ED Raids Religare Chairperson Rashmi Saluja in Cheating Case

Eveready Industries Q1 Profit Up 18%, Revenue Down 4%

Religare Finvest Restarting Business Soon: RBI Approval Awaited

REL Share Sale: Rashmi Saluja Refutes Burman Family''s Allegations

Burman Family Raises Religare Stake to 25.18%

Burman Family Increases Stake in Religare Enterprises

CCI Approves Religare Stake Buy: Burman Family & Legal Expert Insights

CCI Approves Burman Family Stake Buy, But Religare Disputes 'Clean Chit'

Burman Family Acquires Majority Stake in Religare Enterprises

Religare Rebuts Burman Family Allegations: Misleading Information Far From Truth

Religare Denies Stake Allotment to Chairman: Burman Family Demands Probe

Religare Finvest Share Allotment: Burman Family Demands Investigation

Private Equity & VC Inflows Plunge to $27.9 Billion in 2023

Zenex Acquires Ayurvet from Burman Family

Burman Family: REL Board Can't Reject Open Offer

Kedara Capital Backs Religare ESOP Decision

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