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Dabur's Burman family buys Religare shares worth ₹338 crore
short by Nidhi Sinha / on Wednesday, 31 January, 2024
The Burman family of Indian consumer goods company Dabur has bought around 1.40 crore shares of Religare Enterprises Limited (REL) at ₹234 per piece. The transaction value was worth ₹338 crore. The Burman family, which was already the largest shareholder in shadow bank, has increased its stake to 25.18%. "We reiterate our commitment towards acquisition of REL," Mohit Burman said.
read more at Moneycontrol