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with the family acquiring an additional 0.26% stake, bringing its total holding in Religare to 25.44%. Sebi also emphasized that allowing Gaekwad's competing open offer to proceed would disrupt ...

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Gaekwad had sought an exemption to propose an offer at ₹275 per share to acquire 55 per cent of Religare’s outstanding share capital, which surpassed the Burman family’s existing open offer ...

Sebi has rejected Digvijay Gaekwad's application to make a competing offer for Religare Enterprises, citing insufficient proof of financial resources and non-compliance with a Supreme Court order.

Gaekwad had proposed an offer that was 17 per cent higher than the Rs 235-per-share bid made by the Burman family of Dabur for a 26 per cent stake in the company. His offer aimed to acquire a 55 ...

The court, however, directed SEBI to decide on Mr. Gaekwad’s plea while allowing the Burman Group’s offer to proceed. Dabur India promoter Burman family through its four entities – M.B ...

New Delhi, Feb 14 (PTI) Capital markets regulator Sebi on Friday dismissed an application filed by Digvijay Laxhamsinh Gaekwad seeking an exemption to make a competing open offer for a majority ...