The Burman Family Makes an Open Offer for a 26% Share in Religare Enterprises

In August, the family purchased a 7.5% interest in Religare Enterprises for Rs 534, bringing their total holding to 21%.

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Puran Associates, Vic Enterprises, and MB Finmart, all of which are owned by the Burman family, purchased shares in Religare Enterprises.

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The acquirers hereby make this offer to the target company’s public shareholders to acquire up to 90,042,541 equity shares.

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