Trouble Again
Business Today India|December 10, 2023
Religare Enterprises finds itself battling allegations related to governance yet again as its board locks horns with the Burmans of Dabur
ASHISH RUKHAIYAR
Trouble Again

RELIGARE ENTERPRISES has been listed on the stock exchanges for more than 15 years, and its journey has been eventful, to say the least, and not just in terms of the movement of its stock price.

The financial services company is currently locked in a bitter battle with the Burman family of Dabur, with allegations flying thick and fast. The Burmans have declared their intention to get a majority stake by way of an open offer—the family is already the single-largest shareholder with a 26.51 per cent stake—announced in September.

This story is from the December 10, 2023 edition of Business Today India.

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This story is from the December 10, 2023 edition of Business Today India.

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