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Proxy adviser seeks update on Saluja Esops
Mint Kolkata
|July 14, 2025
Five months after Dabur India Ltd chairman Mohit Burman took control of Religare Enterprises Ltd, a proxy advisory firm has sought an update on the issue of recovering shares of a subsidiary worth ₹480 crore from former Religare chair Rashmi Saluja.
On Sunday, InGovern Research Services issued a note asking that Religare and its arm, Care Health Insurance, provide details and an update on the employee share options awarded to Saluja.
The Bengaluru-based proxy adviser also asked for the recovery of fees paid by Care Health to its former independent director, Pratap Venugopal, who provided legal opinion to the insurance firm.
Dit verhaal komt uit de July 14, 2025-editie van Mint Kolkata.
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