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Religare Enterprises dismisses all allegations made by InGovern report Following a report published by InGovern Research Services titled “Navigating Turbulent Waters Amidst Governance Challenges”, Religare Enterprises Limited (REL) is providing clarifications to the inaccurate points mentioned in the report. By issuing the present report which contains incorrect facts and inferences which malign the conduct of the current management, InGovern has also waived off any responsibility for the completeness, accuracy or utility of their own analysis. Th...
Religare Enterprises dismisses all allegations made by InGovern report
Religare Enterprises dismisses all allegations made by InGovern report
Source: PR Agency
2024-09-24 09:06:46 am
Elpro International inches up on acquiring stake in Religare Enterprises Elpro International is currently trading at Rs. 91.00, up by 0.02 points or 0.02% from its previous closing of Rs. 90.98 on the BSE. The scrip opened at Rs. 90.98 and has touched a high and low of Rs. 91.49 and Rs. 88.61 respectively. So far 15031 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.90 on 12-Feb-2024 and a 52 week low of Rs. 54.50 on 04-Aug-2023. Last one week high and low of the scrip stood at Rs...
Elpro International inches up on acquiring stake in Religare Enterprises
Elpro International inches up on acquiring stake in Religare Enterprises
Source: Accord Fintech
2024-04-03 11:56:21 am
Burman family raises stake in Religare Enterprises to 25% The Burman family has increased its stake to 25 per cent in Religare Enterprises. "We are happy to inform that we have increased our stake to 25.18 per cent in Religare Enterprises Limited (REL). We reiterate our commitment towards the acquisition of REL. We now eagerly await the remaining approvals necessary to consummate the open offer and look forward to co-operation from the REL Board," Mohit Burman, member, Burman family, said in a statement. Earlier, the Competition Comm...
Burman family raises stake in Religare Enterprises to 25%
Burman family raises stake in Religare Enterprises to 25%
Source: IANS
2024-02-01 10:00:21 am
CCI approves Burman Family's acquisition of shareholding in Religare Enterprises Competition Commission of India (CCI) approved the acquisition of shareholding in Religare Enterprises Limited by Puran Associates Private Limited, M.B. Finmart Private Limited, and VIC Enterprises Private Limited, Milky Investment and Trading Company The proposed combination envisages the acquisition of 5.27% of the total issued and outstanding equity share capital of Religare Enterprises Limited (Religare) through open market purchases, and an open offer for up to 26% of the Total Expand...
CCI approves Burman Family's acquisition of shareholding in Religare Enterprises
CCI approves Burman Family's acquisition of shareholding in Religare Enterprises
Source: IANS
2024-01-24 03:40:18 pm
Religare board upholds highest standards of corporate governance in all transactions, stands by REL management The approval sought at the AGM of Religare Finvest Limited (RFL) held on September 26, 2023 was to seek enabling approval of shareholders for the proposed grant of ESOPs of RFL to Rashmi Saluja under the RFL ESOP Plan 2019. The notice for the aforesaid AGM was issued on September 1, 2023, and was submitted to the BSE accordingly by RFL, as per a statement issued by Religare Enterprises Limited. Under the Companies Act, 2013 and the SEBI ESOP Guidelines, the approval of shareholders of a...
Religare board upholds highest standards of corporate governance in all transactions, stands by REL management
Religare board upholds highest standards of corporate governance in all transactions, stands by REL management
Source: IANS
2024-01-04 09:37:32 am
Tata Technologies records seventh-highest listing day gains Tata Technologies, which had a bumper listing on Thursday, recorded the seventh-highest listing day gains, said Vaibhav Vidwani, Research Analyst at Bonanza Portfolio. Tata Technologies had a listing gain of 168 per cent on Thursday. The highest listing day gain was recorded by Burnpur Cement in 2008 at 286 per cent. This was followed by Sigachi Industries with a listing day gain of 270 per cent in November 2021. Allied Computers International had a listing day gain of 214 per cent in 2...
Tata Technologies records seventh-highest listing day gains
Tata Technologies records seventh-highest listing day gains
Source: IANS
2023-11-30 05:47:18 pm
India`s Burman family to raise stake in Religare via $255 million open offer The Burman family, which holds a controlling stake in Dabur, made an open offer on Monday for an additional 26% stake in financial services company Religare Enterprises for upto 21.16 billion rupees ($255.03 million), according to a stock exchange filing.The Burmans already have more than 21% stake in Religare and now intend to take control of Religare once the open offer is concluded, the offer document showed.The Burmans intend to acquire more than 90 million shares at 235 rupees per share,...
India`s Burman family to raise stake in Religare via $255 million open offer
India`s Burman family to raise stake in Religare via $255 million open offer
Source: Reuters
2023-09-25 09:17:48 am