REL board: Burmans yet to designate their representative on REL board
Burmans family had, through various entities, accumulated a 21.5% stake in REL by August. In September, it bought another 5.27% stake, triggering a mandatory open offer to buy an extra 26% stake from the public. The open offer was made at ₹235 on September 25, when the prevailing stock price was ₹256.
Rashmi Saluja Mohit Burman Board Et Bureau Religare Enterprises Burmans Yet Designate Their Representative
Source: indiatimes.com