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Gaekwad's counter offer for Religare beyond 15-day window, say Burmans
Financial Express Kochi
|January 27, 2025
THE BURMAN GROUP has rebutted claims made by US-based investor Digvijay Gaekwad about making an open offer for Religare Enterprises, stating that he did not make a competing offer within 15 days of the Burman Group's public statement on October 4, 2023.
THE BURMAN GROUP has rebutted claims made by US-based investor Digvijay Gaekwad about making an open offer for Religare Enterprises, stating that he did not make a competing offer within 15 days of the Burman Group's public statement on October 4, 2023. In a statement on Sunday, the Burman Group said that Gaekwad has not made a competing open offer but has merely sought Sebi's permission to do so, which is barred under the current regulations.
This story is from the January 27, 2025 edition of Financial Express Kochi.
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