Shares of Religare Enterprises on Friday jumped 18.9 per cent after the Burman family acquired a controlling stake and designated as promoters following closure of the open offer. After the open offer ...

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Mumbai: The Burman Group acquired control of the Delhi-based financial services firm, Religare Enterprises (REL), and was designated as its promoter after nearly 18 months of a takeover battle.

The Burman family had announced an open offer worth Rs 2,116 crore in September 2023 to acquire an additional 26 per cent stake in Religare Enterprises. However, the offer saw a tepid response, with ...

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The Burman family has officially taken over Religare Enterprises Ltd (REL) and plans to infuse ₹2,000 crore by subscribing to preferential shares, increasing their stake to over 50%. They aim to ...

Shares of Religare Enterprises climbed over 9 percent on February 21 after the Burman family acquired majority control of the company and were designated as its promoters. This comes after the Rs ...

The Burman family today acquired control of Delhi based financial services firm, Religare Enterprises and were designated as its promoters after almost 18 month of a take over battle. "We are grateful ...

After a prolonged corporate battle, the Burman family, on Thursday, February 20, acquired control of Delhi-based financial services firm Religare Enterprises and designated as its promoters. "We are ...

The Burman family acquired a controlling stake in Religare Enterprises Limited (REL) on Thursday, February 20, after the completion of the open offer and is designated as its promoters.

The Burman Group announced on February 20 that it has taken control of Religare Enterprises Limited (REL) and has been officially designated as its promoter. The Burman Group emphasised that its ...

The Burman family has gained a controlling stake in Religare Enterprises Limited (REL) after acquiring 25.16% of equity shares through an open offer. Their total holding in REL now exceeds 50%, ...