US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeover
- Posted on February 3, 2025
- By Business News Today
- 1 Views
US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeover
Danny Gaekwad Developments & Investments has requested Sebi to allow a public announcement for competing offer against Burmans' open offer for Religare Enterprises Ltd. They are also seeking to deposit Rs 60 crore in an escrow account and a bank guarantee of Rs 540 crore from RBI.
