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Timing of Burmans' Open Offer Fishy: Religare Ind Director Ahmed

Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. ....

Hamid Ahmed , Malay Kumar Sinha , Rashmi Saluja , Preeti Madan , Anand Burman , Ranjan Dwivedi , Praveen Kumar Tripathi , Religare Enterprises Ltd , Jamia Hamdard University , Exchange Board Of India , Religare Enterprises , Hamdard Laboratories , Jamia Hamdard , Dabur India , Exchange Board ,