SEBI closes Religare case after Burman Group takeover
SEBI has closed proceedings against Religare Enterprises and former chair Rashmi Saluja, saying its earlier directions had served their purpose after the Burman Group completed its open offer and took control in February 2025.
SEBI closed proceedings against Religare and former chair Rashmi Saluja after Burman Group completed its open offer and assumed control in February 2025, finding its earlier preventive directions had served their purpose.
Why this matters
No related recent signals are listed; SEBI’s closure follows Burman Group’s February 2025 open-offer takeover of Religare Enterprises.
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