Religare's shares rise after Sebi's open offer call

Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advised seeking approvals. Burman group planned to increase stake in REL, leading to a legal battle with REL in the Delhi High Court involving counter complaints, objections to eligibility, and access to necessary information.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GcLHDzP
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