A spokesperson for the Burman family said: “We remain committed to completing the Open Offer in the interest of public shareholders of Religare Enterprises Ld.” In response to the Sebi order, a Religare spokesperson said: “As per Sebi’s advisory the company will apply for the fit and proper status of the acquirers for the open … Read more
Mumbai: Religare Enterprises has moved the Delhi High Court against the Securities and Exchange Board of India (Sebi) for its alleged inaction on the complaints made against the Burman family, the Dabur promoters who have emerged as the largest Religare shareholders and want management control of the financial services firm. Religare has asked the court … Read more
Suvamoy Saha, MD, Eveready Industries, says expects maximum growth from the lighting and electrical segment that they entered much later than other two segments. We remain committed to growing this vertical at a pace much faster than the rest of the company. Due to the significant price erosion, we landed up with a low level … Read more
