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Religare Enterprises: Dabur's Burman family announces open offer for 26% stake at Rs 235 apiece - Vimarsana News

Religare Enterprises: Dabur's Burman family announces open offer for 26% stake at Rs 235 apiece

At Rs 235 apiece, the total consideration for the 26 per cent stake would be Rs 2,115.99 crore, payable in cash. MB Finmart (1.71 per cent), Puran Associates (5.61 per cent), VIC Enterprises (3.72 per cent) and Milky Investment & Trading Company (2.94 per cent) were among public shareholders in the company, as on June 30.

Religare shares gain after Burmans of Dabur pick up 7.56% stake - Vimarsana News

Religare shares gain after Burmans of Dabur pick up 7.56% stake

The Burman family picked up additional stake after foreign portfolio investor Investment Opportunities V Pte Limited offloaded 2.45 crore equity shares.