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 ...

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 ...

on Friday rejected a request from US-based businessman Danny Gaekwad to make a competing offer for a majority stake in Religare Enterprises Limited. Gaekwad had proposed an offer that was 17 per ...

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 Supreme Court on Friday allowed Florida-based Danny Gaekwad Development and Investments to put its counter open offer to acquire the controlling shares of Religare Enterprises Limited (REL). The ...

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 ...

Danny Gaekwad, the US-based businessman who is exploring to pitch a competing bid against the Burman family for a stake in Religare Enterprises, has written to regulators Sebi and RBI seeking ...