by AIP Online Bureau | Feb 20, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Burman Group, through its Dabur Invest Corporation, has already stakes in Aviva Life Insurance Company India Limited and Universal Sampo General Insurance New Delhi: After the Burman Group has taken control of Religare Enterprises Limited (REL), the holding company of...
by AIP Online Bureau | Feb 19, 2025 | Eco/Invest/Demography, Health, Indian News, Regulation
The open offer closed on February 13 and the date of payment of consideration was February 17, the data said New Delhi: Burmans’ open offer of Rs 2,116 crore for the acquisition of additional 26 per cent stake in Religare Enterprises Ltd (REL), the holding...
by AIP Online Bureau | Feb 4, 2025 | Health, Indian News, Regulation
In a regulatory filing, REL posted a letter written by Danny Gaekwad Developments & Investments addressed to SEBI Chairperson, requesting for grant of exemption from strict enforcement of Substantial Acquisition of Shares and Takeovers (SAST) Regulations New...
by AIP Online Bureau | Jan 18, 2025 | Health, Indian News, Regulation
The Burman family — a promoter of Dabur India and other entities such as Eveready Industries — through its entities, in September 2023 announced a Rs 2,116-crore open offer to REL shareholders to acquire up to 26 per cent stake in the company. New Delhi:...
by AIP Online Bureau | Dec 10, 2024 | Banking & Bancassurance, Health, Indian News, Regulation
This move will increase the holding of Burman family in Religare Enterprises Ltd (REL) and will surpass 56 per cent, enabling them to become majority owners in the financial services firm New Delhi: Shares of Religare Enterprises climbed nearly 4 per cent on Tuesday...
