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Religare Enterprises: Saluja-led Religare suffers setback as shareholders reject two proposals

Corporate watchers said the decision by shareholders is significant given that the Burmans have announced an open offer to acquire an additional 26% of Religares equity, a move opposed by the companys management. Currently, Religare does not have founder shareholders and is owned by the public.
Rashmi Saluja Shivinder Singh Shriram Subramanian Ingovern Research Services Articles Of Association International Finance Corporation

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