The court said as Sebi had returned Digvijay Danny Gaekwad’s higher counteroffer, there was no other rival bid to match the ongoing open offer.
Delhi High Court denies interim relief to Religare shareholder, allowing Burman family's open offer to proceed.
Religare Enterprises' independent directors are unhappy with the company's rapid announcement of Danny Gaekwad's late bid.
The Delhi High Court on Thursday refused to stay the Annual General Meeting (AGM) of Religare Enterprises Ltd (REL) scheduled ...
The high court was hearing the petition filed by Sapna Rao, a minority shareholder of Religare Enterprises Ltd with 500 shares. She was supporting Gaekwad's offer.