
In Novemeber 2023, IRDAI had already ordered Care Health Insurance to cancel the unexercised ESOPs and repurchased the 7.57 million…
Religare Enterprises announced a governance review and has requested immediate funds from promoters, the Burman family, to sustain operations.
Religare Enterprises announced that its board has commissioned a governance review of REL and its subsidiaries. For conducting the review,…
In order to protect the interests of the shareholders of the target company, Bhatia disposed of the February 1 application…
Religare Enterprises announced that Rashmi Saluja is no longer the director of the company as the resolution for re-appointment failed…
The latest order clarified that except this modification, the other terms and conditions mentioned in the February 7 order shall…
Last week, two rulings by the Delhi High Court rejected her petitions to halt the AGM or the resolution.
Earlier this week, there were two Delhi High Court rulings that rejected Saluja’s petitions to halt the AGM or the…
Gaekwad’s lawyer informed the court that the Reserve Bank of India (RBI) had granted its approval earlier, but SEBI cleared…
Saluja wishes to prevent the proposal at the upcoming annual general meeting, aimed at appointing a director in her place…
The Burmans had objected to Gaekwad’s letter, saying that the competing offer should have been made within 15 days from…
Advocate Vijayant Mishra, representing the interest of Religare’s minority shareholders, had filed the public interest litigation (PIL).
High court order staying Religare Enterprises AGM risks undermining shareholder rights, regulatory authority, and market confidence.
The AGM gains importance as Religare chairperson Rashmi Saluja is up for reappointment, which had already been pushed to December…
In September last year, the Burman family, who currently holds a 25% stake in Religare, announced their plan to acquire…
Religare Enterprises announced that the RBI has allowed the Burman family to increase its stake in the company. Both the…
On August 22, the RoC granted Religare a three-month extension, postponing the company’s 40th AGM from September 30 to December…
The AGM was pushed because any material change in the shareholding pattern would actually give more clarity. These things happen…