Sebi asks Religare Enterprises to apply for regulatory approval for open offer by Burman Group
Markets regulator Sebi has asked Religare Enterprises to apply for approvals to let the billionaire Burman family buy more shares in the financial services company, dealing a blow to the company’s attempt to block the move. The Burmans, who founded and control consumer goods conglomerate Dabur India, raised its stake in Religare to nearly 25% … Read more
