OCALA, FL – Florida-based businessman Danny Gaekwad has made a counteroffer to acquire a stake in Religare Enterprises at Rs 275 per share, significantly higher than the Rs 235 per share offer ...

In September 2023, the Burman family, promoters of Dabur India, announced a Rs2,116 crore open offer to acquire up to a 26 percent stake in financial services company Religare Enterprises Limited ...

The Securities and Exchange Board of India (Sebi) has dismissed an application of Digvijay Laxhamsinh Gaekwad seeking an exemption to make a competing open offer for acquiring a 55 per cent stake in ...

“The applicant (Danny Gaekwad Developments & Investments ... The SEBI order came a day after Religare Enterprises announced that its executive chairperson Rashmi Saluja ceased to be a director ...

His offer aimed to acquire a 55 per cent stake in Religare. However, the Burman family, responding to Gaekwad's bid, stated that his proposal was not formal as he had only sought SEBI's permission to ...

Read this | Who is Danny Gaekwad—the US tycoon taking on the Burmans’ open offer for Religare? On 12 February, the Supreme Court permitted Gaekwad to deposit ₹600 crore in a Reserve Bank of ...

Regulator cites lack of regulatory approvals, financial commitment in denial The Securities and Exchange Board of India (SEBI) has denied an exemption request from Digvijay Laxhamsinh Gaekwad ...

The Religare management ... last Friday the Supreme Court allowed his company Danny Gaekwad Development and Investments to put up its offer, and directed the company to deposit a cash or bank ...

The ongoing Religare Enterprises takeover controversy is now taking a political hue with the Florida-based businessman and US investor Danny Gaekwad escalating the matter at a diplomatic level.

Delivering a setback to the Burmans in their bid to take over Religare Enterprises (REL), the Supreme Court on Friday ordered Digvijay (Danny) Gaekwad to deposit Rs 600 crore as earnest money for ...

In a stock exchange disclosure, Religare shared a Jan. 24 letter from Gaekwad’s firm — Danny Gaekwad Developments & Investments Florida — requesting permission from SEBI to make an open ...