The Burman family has asked the market regulator SEBI to bar Religare Enterprises Ltd. independent director Hamid Ahmed from attending the company’s board meetings related to it’s open offer unless he withdraws or justifies his recent comments on the matter. They have accused Ahmed of violating sections of the market regulator’s takeover code by speaking publicly against the company’s open offer.
Ranjani Raghavan from LiveMint writes “Now, a Religare director in Burmans’ crosshairs” with expert comments from our Partner, Manendra Singh.
