कोशिश गोल्ड - मुक्त
Florida investor makes competing bid for Religare
The New Indian Express Tirunelveli
|January 26, 2025
Gaekwad makes offer at ₹275/share against ₹235/share by Burmans
IN a fresh twist to the acquisition of diversified fintech firm Religare Enterprise Limited (REL), Florida-based businessman Danny Gaekwad has made a counter offer in cash for the company at ₹275 a share as against ₹235 apiece made by the Burman Family of the FMCG major Dabur group.
The offer was made in a letter addressed to the Chairperson of market regulator Securities and Exchange Board of India (Sebi), as per a filing made by Religare to the BSE. Written on behalf of Danny Gaekwad Developments & Investments Florida, the letter stated its offer of ₹275 per equity share represents a 17% premium to the open offer price offered by the Burmans and a 24% premium to the 60-day volume weighted average price of REL's shares calculated with a reference date of September 22, 2023, of ₹221.
यह कहानी The New Indian Express Tirunelveli के January 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Tirunelveli से और कहानियाँ
The New Indian Express Tirunelveli
Edappadi accuses Stalin of 'selective sympathy' to reap political gains
AIADMK general secretary Edappadi K Palaniswami on Friday accused Chief Minister MK Stalin of playing politics over the Karur tragedy, stating that he (CM) did not bother to comfort the victims of the Kallakurichi hooch tragedy last year, but visited Karur victims overnight only because of the upcoming Assembly elections.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
'No provisions': Pilots can't be in AI Ahmedabad crash probe committee
THE Aircraft Accident Investigation Bureau (AAIB) has informed a leading pilot body, the Airline Pilots' Association of India (ALPA INDIA), that it would not be possible to include pilots in the ongoing final probe into the AI 171 crash at Ahmedabad.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
OBC minister in Gujarat cabinet named state BJP chief ahead of local polls
THE suspense over the Gujarat BJP's leadership has ended.
1 min
October 04, 2025
The New Indian Express Tirunelveli
12 deaths & counting in MP, Raj; cough syrups under lens
CHILDREN aged below five years, who were prescribed a combination of medicines, including two common cough syrups, by doctors in Madhya Pradesh's Chhindwara district, and Rajasthan, continue to die following kidney failure.
2 mins
October 04, 2025
The New Indian Express Tirunelveli
REGULAR TRAINING CAN STEM ROT IN JUDICIARY
N an exemplary intervention, the Supreme Court recently directed two judicial officers in Delhi to undergo a week-long training, flagging serious lapses on their part in granting bail in a fraud case.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
Wangchuk's wife moves SC seeking husband's release
CLIMATE activist and Ladakh statehood crusader Sonam Wangchuk's wife, Dr. Gitanjali J. Angmo, has moved the Supreme Court seeking his immediate release from Jodhpur Central Jail, where he is being held under the National Security Act (NSA).
1 min
October 04, 2025
The New Indian Express Tirunelveli
Rivers swell in Chamoli in post-monsoon deluge
POST-monsoon rains lashing Uttarakhand's Chamoli district have led to a significant rise in the Alaknanda and Pindar rivers at Karnaprayag, causing widespread waterlogging and disruption.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
TILLY TELLS TALES FROM NEAR FUTURE
TWO giant strides in the artificial intelligence industry one achieved, another threatened-are rekindling existential anxieties.
3 mins
October 04, 2025
The New Indian Express Tirunelveli
Scrapped comps to be donated to govt schools
THE Centre has found a way to reduce the stash of old computers and laptops in government offices, as the usable machines declared scrapped will be donated to state-run schools and other educational institutions.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
Coop society in every panchayat by '29, says Shah
UNION Home and Cooperation Minister Amit Shah on Friday said that by 2029, every panchayat in the country will have a cooperative society.
1 min
October 04, 2025
Listen
Translate
Change font size