The Reserve Bank of India (RBI) approved the Burman family's open offer to acquire an additional 26% stake in Religare Enterprises in 2024, while directing the maintenance of the current board and management structure.
📚 Test Your Knowledge:
What condition did the RBI impose when approving the Burman family’s open offer to increase their stake in Religare Enterprises in 2024?
Correct Answer: Submit a consolidation plan by March 31, 2026