Danny Gaekwad gets another chance at Religare, but must put up ₹600 cr first
If Gaekwad does not deposit the amount, the order will automatically be set aside, and Burman’s open offer will close. The ...
Religare stake acquisition: Setback to Burman family as SC refuses to allow closing of open offer
The Supreme Court was hearing two pleas—one filed by Florida-based Gaekward and the other by REL minority ...
Religare AGM: Rashmi Saluja blocks vote on her removal; SC gives a chance to Gaekwad
At Religare Enterprises’ AGM, Rashmi Saluja halted shareholder voting on her re-appointment, asserting her contract is valid until 2027-28. Independent director PK Tripathi’s intervention failed to ...
Bar & Bench1d
Religare takeover: Supreme Court directs Danny Gaekwad to deposit ₹600 crore by Feb 12
The Supreme Court on Friday directed Danny Gaekwad, who has made a competing offer to buy Religare Enterprises Limited (REL), ...
Rashmi Saluja stares at ouster as chairperson after losing HC appeal to bar Religare from voting on her reappointment
Mint reported on 4 February that around a third of the financial services company's investors might be voting against Saluja’s reappointment as director in the lead up to the company’s AGM. This ...
The Financial Express19h
SC blow to Burman family’s bid to take over Religare
Gaekwad’s lawyer informed the court that the Reserve Bank of India (RBI) had granted its approval earlier, but SEBI cleared ...
devdiscourse2d
Leadership Shake-Up: Hamid Ahmed Resigns from Religare Board Amidst Burman Family's Acquisition Moves
Hamid Ahmed, CEO of Hamdard Laboratories India, has resigned as an independent director from Religare Enterprises due to ...
Religare takeover battle heats up: Danny Gaekwad vows to keep his bid alive
Florida businessman Danny Gaekwad persists in his bid for control of Religare Enterprises, challenging the current open offer ...
The bidding war, the 100% rally, and the hidden upside: Is Religare still a buy?
Care Health Insurance, India’s second-largest standalone health insurer and Religare’s most valuable asset, has been growing ...
Florida businessman Danny Gaekwad to seek Trump administration’s help over Religare bid
Florida-based businessman Danny Gaekwad seeks Trump administration intervention after lack of response from Indian regulators ...
The Financial Express9d
Delhi HC issues notice to Religare; Rashmi Saluja moves court against ouster from Board
Saluja wishes to prevent the proposal at the upcoming annual general meeting, aimed at appointing a director in her place at ...
Religare Enterp Standalone December 2024 Net Sales at Rs 0.04 crore, down 98.96% Y-o-Y
Quarterly Net Loss at Rs. 13.37 crore in December 2024 up 48.15% from Rs. 25.79 crore in December 2023. EBITDA stands ...