Gaekwad submits fresh plea on competing offer to that of Burmans for Religare
- Posted on February 4, 2025
- By Business News Today
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Gaekwad submits fresh plea on competing offer to that of Burmans for Religare
Sebi had earlier returned Gaekwad's application, citing non-compliance with its regulations. Gaekwad said he is ready to establish an escrow arrangement upon Sebi's approval and sought necessary approval from the Reserve Bank of India. He has also appointed PL Capital Markets as the merchant banker for this bid.
