The unexpected move comes even as the Burmans of Dabur are about to launch their open offer for the Delhi-based company. Digvijay (Danny) Gaekwad’s offer to acquire Religare shares at Rs 275 apiece is at a 17% premium to that of the Burmans. The proposed competing open offer will be for 26% of the outstanding share capital of REL.
F&O Talk| Nifty’s narrow range breaks on Iran-Israel tensions; 24,450–24,500 emerges as key support: Sudeep Shah
Amidst escalating geopolitical tensions, Indian markets faced a downturn, with the Nifty and Sensex both declining. Analyst Sudeep Shah suggests a cautious approach, highlighting crucial