Religares shares rise after Sebis open offer call - Qoneqt
seach-icon
  • user-img

    Ansari Uzair in India

    21 Jun 04:30 AM


    thumbnail

    Religares shares rise after Sebis open offer call

    Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advised seeking approvals. Burman group planned to increase stake in REL, leading to a legal battle with REL in the Delhi High Court involving counter complaints, objections to eligibility, and access to necessary information.