Burman Group rejects Digvijay Gaekwad's claims on Religare Enterprises open offer, slams his request as baseless

Gujarati businessmen of America will buy Religare company, preparing to compete with big companies

Religare Enterprises acquisition bid: Gujarati American investor Digvijay Gaikwad has gone up against the Dabur promoter group Burman family in the race to acquire Religare Enterprises. Digvijay Gaikwad will buy 26 percent stake in Religor. 275 bids, this offer cost the Burman family Rs. 235 per share with 17 per cent premium. Gaikwad's bid is 24 per cent higher than Religor's 60-day moving average price. Vadodara-born American entrepreneur Digv…

For Danny Gaekwad, Religare's public offer may be a tricky problem

2025-01-27 05:05:00 : On the day before the Burman family’s public offer of Religare Enterprises LTD, Indian American businessman Digvijay Danny Gaekwad tried to expand the repayment of the financial group; however, the two people close to the Indian Securities and Exchange Commission (SEBI) decision -making, and San San Experts from the Famous Securities Law said that late entry may not be reviewed by regulatory censorship. GaekWad wrote to th…

Burman Group rejects Digvijay Gaekwad's claims on Religare Enterprises open offer, slams his request as baseless

The Burman Group refutes US investor Digvijay L. Gaekwad's claims of making a competing open offer for Religare Enterprises (REL), citing SEBI regulations. The Burman Group accuses REL's leadership of misleading shareholders and is confident of concluding their own open offer.