Sebi has concluded legal actions against Religare Enterprises and its former chairperson. The regulator found no further directions were needed after the open offer. Proceedings were initiated alleging Religare failed to cooperate with the mandatory open offer. The company had questioned the Burman Group’s ‘fit and proper’ status and delayed approvals. The open offer’s completion achieved the remedial objective of Sebi’s proceedings.
Looking for top-performing equity mutual funds? Here are the best performers across categories in the last 1 year
Returns from mutual fund schemes over the past year show a wide gap between the best- and worst-performing funds across categories, underscoring the importance of
August 1, 2026