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Religare Withdraws NCLAT Petition Against CCI Order
March 10, 2025
|Financial Express Bengaluru
RELIGARE ENTERPRISES HAS withdrawn its appeal at the NCLAT against a competition watchdog CCI order that allowed four Burman group entities to acquire a 5.27% stake in the financial services firm.
The move comes after the Burman family, through its investment firms, gained a controlling stake in Religare Enterprises Limited (REL) after acquiring 25.16% of equity shares through an open offer.
The total holding of Burman family, which also owns FMCG firm Dabur and Eveready, now exceeds 50%, consolidating their position as the largest shareholders in the firm.
هذه القصة من طبعة March 10, 2025 من Financial Express Bengaluru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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