India’s markets regulator has pulled up Religare Enterprises Ltd’s chairperson and its board of directors for failing to comply with the securities law after the Burman family launched an open offer to acquire additional shares in the financial services conglomerate.
To encapsulate on this issue, LiveMint’s Ranjani Raghavan & Neha Joshi writes on “SEBI directs Religare’s board, Saluja to seek approvals for Burman open offer” with insights from our Partner Manendra Singh.
