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1. • • Markets watchdog Securities and Exchange Board of India (SEBI) has ordered investment company Religate Enterprises Ltd to seek statutory approvals from regulatory authorities regarding an open offer by Dabur India promoter Burman family, before July 12, 2024.
     www.fortuneindia.com/enterprise/sebi-directs-religare-to-seek-regulatory-approval-for-burman-familys-open-offer/117241

     Fortune India: Business News, Strategy, Finance and Corporate ...

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   Will Dabur India promoter Burman's open offer be regulated before July 2024?

   • SEBI cautions investors not to fall prey to unauthorised money collection. Markets watchdog Securities and Exchange Board of India (SEBI) has ordered investment company Religate Enterprises Ltd to seek statutory approvals from regulatory authorities regarding an open offer by Dabur India promoter Burman family, before July 12, 2024.

   SEBI directs Religare to seek regulatory approval for Burman family’s op…

   www.fortuneindia.com/enterprise/sebi-directs-religare-to-seek-regulatory-approval-for-burman-familys-open-offer/117241

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   Will Dabur India promoter Burman family open offer to Religare?

   • The markets regulator on June 19 in its interim order cum show cause notice asked Religare to seek statutory approvals from regulatory authorities for an open offer by Dabur India promoter Burman family. SAT has now asked the company to file the application by July 22.

   SAT stays Sebi's show cause notice against Religare Enterprises; key

   www.businesstoday.in/markets/story/sat-stays-sebis-show-cause-notice-against-religare-enterprises-key-details-436624-2024-07-10

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   Who owns Religare & Dabur India?

   • The Burman family, which owns FMCG major Dabur India, had also received the Competition Commission of India (CCI) nod to acquire the additional stake in REL through an open market transaction. On May 31, 2024, too, SEBI asked Religare to seek approvals from the RBI, IRDAI and SEBI for the open offer.

   SEBI directs Religare to seek regulatory approval for Burman family’s op…

   www.fortuneindia.com/enterprise/sebi-directs-religare-to-seek-regulatory-approval-for-burman-familys-open-offer/117241

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   Did Burman family get a stake in Religare & Dabur?

   • Burman family of FMCG major Dabur had in September 2023 announced a Rs 2,116 crore open offer to acquire up to 26% additional stake in the REL after its shareholding breached the 25% mark. Since the announcement was made, the Burmans and senior board members of Religare, led by Saluja, have levelled serious accusations against each other.

   SEBI asks Religare to apply for open offer before July 12

   www.newindianexpress.com/business/2024/Jun/21/sebi-asks-religare-to-apply-for-open-offer-before-july-12

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3. legal.economictimes.indiatimes.com › newsSebi orders Religare to seek regulatory approvals for Burman ...

   legal.economictimes.indiatimes.com › news

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   Jun 20, 2024 · Markets watchdog Sebi has ordered non-banking financial company Religare Enterprises (REL) to seek statutory approvals from regulatory authorities for an open offer by Dabur India promoter Burman family before July 12.

4. money.rediff.com › news › marketSebi orders Religare to seek regulatory approvals for Burman ...

   money.rediff.com › news › market

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   Jun 20, 2024 · Sebi has ordered Religare to seek regulatory approvals for an open offer by Dabur India promoter Burman family before July 12. The Burman group accused Religare of obstructing the offer, while...

5. www.newindianexpress.com › business › 2024SEBI asks Religare to apply for open offer before July 12

   www.newindianexpress.com › business › 2024

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   Jun 21, 2024 · SEBI asks Religare to apply for open offer before July 12. In January 2024, the Competition Commission of India (CCI) gave its nod to the Burmans for the follow-up open offer to...

6. www.fortuneindia.com › enterprise › sebi-directsFortune India: Business News, Strategy, Finance and Corporate ...

   www.fortuneindia.com › enterprise › sebi-directs

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   Jun 20, 2024 · Markets watchdog Securities and Exchange Board of India (SEBI) has ordered investment company Religate Enterprises Ltd to seek statutory approvals from regulatory authorities regarding an open offer by Dabur India promoter Burman family, before July 12, 2024.

7. www.moneycontrol.com › news › businessSAT orders Religare to apply for Burman Group's open offer by ...

   www.moneycontrol.com › news › business

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   Jul 10, 2024 · The Securities Appellate Tribunal (SAT) has directed Religare Enterprises to file for all requisite regulatory approvals for facilitating the open offer by Burman Group by July 22.

8. economictimes.indiatimes.com › markets › stocksSebi asks Religare Enterprises to apply for regulatory ...

   economictimes.indiatimes.com › markets › stocks

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   Jun 20, 2024 · The Burmans, who founded and control consumer goods conglomerate Dabur India, raised its stake in Religare to nearly 25% in September last year, triggering the so-called open offer requirement that allows them to buy more shares from public shareholders.

9. www.businesstoday.in › markets › storySAT stays Sebi's show cause notice against Religare ...

   www.businesstoday.in › markets › story

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   Jul 10, 2024 · The markets regulator on June 19 in its interim order cum show cause notice asked Religare to seek statutory approvals from regulatory authorities for an open offer by Dabur India promoter Burman...