SC asks Gaekwad to keep ₹600 cr with Sebi; Burman offer to stay open till decision
If Gaekwad does not deposit the said amount, the order will automatically be set aside, and Burman’s open offer will close.
Bar & Bench21h
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), ...
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 ...
SC extends Burmans’ open offer, directs Gaekwad to deposit Rs 600 cr
In what could be a possible setback for the Burman family, the Supreme Court on Friday extended their (Burmans) open offer to acquire an additional 2 ...
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 Gaekwad and the other by REL minority shareholders—seeking ...