This comes more than a month after the Burman Group finally took over REL on 7 February, after an 18-month protracted battle with the former management led by Dr Rashmi Saluja. On 26 February ...
MUMBAI: Diversified financial firm Religare Enterprises Ltd (REL) on Monday said its board is seeking a governance review of the company and its two units. The board has also approached the Burman ...
This CCI approval was then challenged before NCLAT by REL under then Executive Chairperson Rashmi Saluja. “….Authorised signatory for Appellant (Religare) is present and submits that he is ...
Previously, Religare, under former executive chairperson Rashmi Saluja, had sought to prevent the Burmans from raising their stake in the company. Saluja was ousted from the board in February as her ...
Rashmi Saluja (pictured) was brought in as a non-executive independent director by the end of 2018 and became Executive Chairperson a year later as the firm sought to overcome its troubles.
N EW DELHI: The board of directors of Religare Enterprises Ltd (REL) also recommended the removal of directors Rashmi Saluja ...
However, executive chairperson Rashmi Saluja had to exit as director in mid-February after 97% of shareholders voted against her reappointment as per ‘liable by rotation’. The Reserve Bank of ...
Under former executive chairperson Rashmi Saluja, Religare had attempted to block the Burmans from increasing their stake in the company. However, Saluja was removed from the Board in February ...