Sebi has ruled that Gaekwad’s competing bid for Religare was not financially credible and violated regulatory timelines, ...

SC allows Gaekwad an extension to deposit ₹600 crore into a bank account to prove the bona fides of his ₹5,000 crore ...

Regulator says application 'frivolous', not backed by financial capabilities; also questions due diligence of investment ...

Sebi rejects Danny Gaekwad's application for competing open offer for Religare Enterprises, citing lack of financial proof.

Digvijay “Danny” Gaekwad, the US-based investor, has sought a meeting with Prime Minister Narendra Modi to seek an “open and ...

MUMBAI: The market regulator Sebi has refused to give any exemption to Digvijay Laxhamsinh Gaekwad (Danny Gaekwad ...

Gaekwad had made a Rs 5,000-crore competing offer for Religare acquisition against an open offer declared by the Burman ...

The applicant (Danny Gaekwad Developments & Investments, Florida) has failed to demonstrate his ability to meet the financial ...

If Gaekwad does not deposit the amount, the order will automatically be set aside, and Burman’s open offer will close. The ...

The high-stakes battle for the control of Religare Enterprises Limited (REL) has taken another twist with Florida-based ...

Gaekwad had requested Sebi's exemption under takeover rules to propose ₹275 a share for Religare, offering a 17% premium to ...