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SC Extends Danny Gaekwad's Religare Bid Window

Mint Kolkata

|

February 13, 2025

The Supreme Court Tuesday permitted US-based Digvijay 'Danny' Gaekwad to deposit ₹600 crore by Thursday 2 pm in an account designated by Reserve Bank of India (RBI).

- Neha Joshi

The court directed Gaekwad to deposit the money by the end of day on Wednesday to prove the bona fides of his ₹5,000 crore competing offer against a Burman family open offer to buy higher stakes in Religare Enterprises.

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