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Religare Enterprises slumps as Burmans announce open offer at 13% discount - Vimarsana News

Religare Enterprises slumps as Burmans announce open offer at 13% discount

The offer price for each equity share is Rs 235.00, amounting to a total consideration of up to Rs. 21,159,997,135 in cash.

Religare Enterprises shares tank 7% after open offer announcement. Here's why - Vimarsana News

Religare Enterprises shares tank 7% after open offer announcement. Here's why

Religare Enterprises: While the open offer price is higher than the price at which Burmans upped stake in the company in August, it is quite lower than the prevailing price.

Dabur's Burman family to raise stake in Religare via ₹2,116 crore open offer - Vimarsana News

Dabur's Burman family to raise stake in Religare via ₹2,116 crore open offer

The Burman family, the controlling stakeholder in Dabur, plans to acquire an additional 26% stake in Religare.

Burman family announces open offer for Religare Enterprises - Vimarsana News

Burman family announces open offer for Religare Enterprises

Entities belonging to the Burman family on Monday announced an open offer to the public shareholders of Religare Enterprises Limited (REL) to acquire upto 26 per cent of the expanded voting share capital of REL.The open offer is made with the ...

Ipca Lab acquires additional 19.29% stake in Unichem Laboratories for Rs 598 cr - Vimarsana News

Ipca Lab acquires additional 19.29% stake in Unichem Laboratories for Rs 598 cr

Ipca Labs acquired 33.38 percent of Unichem in August which triggered an open offer. Ipca Labs received the approval of the Competition Commission of India for this acquisition on July 27, 2023