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.
from Stocks-Markets-Economic Times https://ift.tt/oKlIGSj
US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeover
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