The Burman Group refutes US investor Digvijay L. Gaekwad’s claims of making a competing open offer for Religare Enterprises (REL), citing SEBI regulations. The Burman Group accuses REL’s leadership of misleading shareholders and is confident of concluding their own open offer.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires